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Tag: list of banks that permit solo 401k

2011 IRA Limits

If you are under 50 years of age at the end of 2011, 2011 IRA limits contributions are $5,000 annually. For those 50 years of age or over at the end of 2011, contributions are $6,000. In both cases, there may be adjustments depending on your adjusted gross income. These totals may also be split between a traditional IRA and a Roth IRA.