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Author: bigcaat Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76392  
Subject: Retirement Contributions Date: 6/28/2001 8:26 PM
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The following information about changes to retirement contributions has been copied out of the "Bottom Line Personal" newsletter.

IRA Contributions
Year.....................Contribution
2001.........................$2000
2002-2004................$3000
2005-2007................$4000
2008 & beyond.........$5000

Those age 50 or older are allowed to make annual 'catch-up' contributions of $500 from 2002-2005...and of $1000 in 2006 and after.

**************************************

401k Contributions
Year......................Contribution
2002.......................$11,000
2003.......................$12,000
2004.......................$13,000
2005.......................$14,000
2006 & beyond.......$15,000

Again, those age 50 or older are allowed to make 'catch-up' contributions.

Year.....................Contribution
2002.......................$1,000
2003.......................$2,000
2004.......................$3,000
2005.......................$4,000
2006 & beyond.......$5,000


Happy Saving.
Caat


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