|
||||
|
|
See Also |
2008 IRA Catch Up Contribution
The standard IRA contribution limit for 2008 is $5,000. Tax payers who are 50 years or older at the end of the current year (2008) can make an extra $1,000 contribution for a total of $6,000 as a 2008 IRA catch up contribution.
This is an increase from the 2007 IRA catch up contribution maximum of $5,000. The 2008 IRA catch up contribution limits are also subject to the 2008 IRA deductibility rules.
|
||
|
Disclaimer: This website is intended to provide general information about IRA retirement plans. Nothing on this site should be considered legal, financial or tax advice. Please consult your tax or financial advisor for professional advice. While we strive to periodically update the information on this website, 2008ira.com makes no representation or warranties as to the accuracy, reliability, or completeness of any information on this site. Contact: info[at]2008ira.com - Copyright 2007-2008, 2008ira.com. All rights reserved |
