The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / FIRE Wannabees


Subject:  Understanding Retirement Account Limits Date:  7/27/2006  12:43 PM
Author:  4inthefamily Number:  3855 of 5232

Like many on this board, I have my retirement accounts projected for the next several years. I was updating this number and noticed a footnote in a chart I was looking at saying that 401(k) and IRA contribution limits would revert back to 2001 levels in 2011. I am not eligible for the catch-up contributions (yet), but I also got the idea that these would no longer be available in 2011. Am I reading old information? Would the government really put these limits back down? I'm just trying to figure out how to plan since we would like to take as many tax advantages as we can while saving for retirement.

Thanks in advance

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us