Tag Archives: IRA contribution
IRA Contribution Limits 2011
It is always best to prepare for the future. If you want to live a comfortable life when you reach the age of retirement, then you need to have a retirement plan. One of the options you have to save for retirement is by starting an IRA account. IRA or Individual Retirement Account isn’t the investment itself. The IRA is a retirement account holding the investments.
IRA basically has two types.
2012 IRA Contribution Limits
Since based on the IRA rules, the contribution limits for the Individual Retirement Accounts are being updated every year based on the cost-of-living changes, it is essential you to be aware of and stay updated with the current IRA contribution rules and limits so that you can get the most out of your IRA.
This year 2012, there are revised contribution limits for Traditional IRA, Roth IRA, SIMPLE IRA, and SEP IRA.
The information provided on this website does not constitute professional financial advice. We do our best to maintain current & accurate information, but some information may have changed since it was published. Please consult your tax or legal advisor(s) for questions & advice concerning your personal financial situation.