Contribution Limits 2011 – IRA, 401(k), 403(b)

Print Friendly

Not, much breaking news here, but just an informative update.

The IRS announced (October 28, 2010) cost-of-living adjustments applicable to dollar limitations for pension plans and other items for tax year 2011.

2011 Contribution Limits – IRA, 401(k), 403(b)

The contribution limits for 2011 are unchanged from the limits in 2010.

2010 2011
IRA Contribution Limit $5,000 $5,000
*IRA Catch-Up Contribution $1,000 $1,000
401(k) $16,500 $16,500
*401(k) Catch-up Contribution $5,500 $5,500
403 (b) $16,500 $16,500
*403(b) Catch-up Contribution $5,500 $5,500

* If you are 50 years or older you are eligible to make extra contributions in order to catch-up.

If you are interested in more contribution limits see Thrift Savings Plan Contribution Limits.

Here are some related articles you might want to read:

Kid’s Roth IRA | Can Teens and Kids Open A Roth?

Roth IRA and Traditional IRA Tax Implications in Plain English

How Much Savings for Retirement is Enough?

7 Retirement Planning Factors You Cannot Predict

How To Start Investing | A Step By Step Investing Guide For New Investors

Roth IRA For Your Kids’ College Savings | A Hybrid Approach

Leave a Reply

Your email address will not be published. Required fields are marked *