|
Below are
the MAXIMUM contribution limits to Traditional & Roth IRA's, Coverdell
Education Savings Accounts (ESA's), Health Savings Accounts (HSA's)
and qualified retirement plans.
|
Traditional
& Roth IRA Maximum Contribution Limits |
|
If UNDER age 50 |
If age 50 or OVER |
|
$5,000 |
$6,000 |
|
Coverdell
Education Savings Account (ESA)
|
|
Maximum
Contribution Limit
|
|
|
$2,000 |
|
Health
Savings Account (HSA) Maximum Contribution Limits
|
|
Type |
If UNDER age 55 |
If AT LEAST age 55 and UNDER
age 65 |
|
Individual |
$3,050 |
$4,050 |
|
Family |
$6,150 |
|
$7,150 |
for ONE spouse |
|
$8,150 |
for BOTH spouses |
|
|
Qualified Retirement
Plan Maximum Contribution Limits
|
|
Plan Type |
If UNDER age 50 |
If age 50 or OVER |
|
401(k) |
$16,500 |
$22,000 |
|
403(b) |
$16,500 |
$22,000 |
|
457 |
$16,500 |
$22,000 |
|
SARSEP |
$16,500 |
$22,000 |
|
SIMPLE 401(k) |
$11,500 |
$14,000 |
|
SIMPLE IRA |
$11,500 |
$14,000 |
|