How Much Can I Contribute To My Retirement Plan?

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   David RacichPRO

   Fountain Hills, Arizona

   If your retirement plan is qualified then you have contribution limitations or by the percentage of income or both. There are several defined contribution plans like 401(k), 403(b), 412(e), SEP IRA, HR10, IRA, Roth IRA & 457 Plan. Depending upon income and the plan the best is suitable for you, contributions from $5,500 for a traditional and Roth IRA all the way up to $51,000 for a defined contribution plan.
   
   

   Answered on July 9, 2013

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