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IRA limits


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Guest benefitsanalyst
Posted

What is the contribution limit to a traditional IRA for 2003?

Posted

It will remain at $3,000 until 2005, when it goes to $4,000. It will raise again in 2008 to $5,000, after which it will be indexed for inflation.

The "age 50" catchup stays at $500 until 2006, when it goes to $1,000.

Hope this helps.

Guest benefitsanalyst
Posted

Thank You!

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