Traditional ira contribution limit

Traditional ira contribution limit

Ira and pension contribution limits2011 2012 IRA SEP and PENSION CONTRIBUTION LIMITSItem 2011 Limit 2012 LimitComments c wwwdeniseapplebycom IRA Contribution limit for traditional and Roth IRA 5000 5000 The maximum amount that an individual can contribute to an IRA for the year is 100 of eligible compensation or 5000 whichever is lessThis can be contributed to either a traditional IRA or a Roth IRA or split between bothThe aggregate amount cannot exceed 5000Catchup contr Source: Traditional ira contribution limit
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