Traditional and Roth IRA Contribution Limits Plus Catch-Up

2005

$4,000              $500

2006

$4,000              $1,000

2007

$4,000              $1,000

2008

$5,000              $1,000

2009

$5,000              $1,000

2010 $5,000              $1,000

SIMPLE IRA Deferral Limit Plus Catch-Up

2005

$10,000            $2,000

2006

$10,000            $2,500

2007

$10,500            $2,500

2008

$10,500            $2,500

2009

$11,500            $2,500

2010

$11,500            $2,500

IRC 402(g) Deferral Limit Plus Catch-Up

2005

$14,000            $4,000

2006

$15,000            $5,000

2007

$15,500            $5,000

2008

$15,500            $5,000

2009

$16,500            $5,500

2010 $16,500            $5,500

IRC 415 Limit Annual Additions Limit

2005

$42,000

2006

$44,000

2007

$45,000

2008

$46,000

2009

$49,000

2010 $49,000

Compensation Cap

2005

$210,000

2006

$220,000

2007

$225,000

2008

$230,000

2009

$245,000

2010 $245,000

Highly Compensated Employee

2005

$95,000

2006

$100,000

2007

$100,000

2008

$105,000

2009

$110,000

2010 $110,000

SEP Eligibility

2005

$450

2006

$450

2007

$500

2008

$500

2009

$550

2010 $550

Taxable Wage Base

2005

$90,000

2006

$94,200

2007

$97,500

2008

$102,000

2009

$106,800

2010

$106,800

 

Traditional IRA Contribution Deduction Modified Adjusted Gross Income (MAGI) Phase-Out Ranges

Single, Active Participant (2009)

$55,000

$65,000

Single, Active Participant (2010)

$56,000

$66,000

Married, Active Participant, Filing a Joint Federal Income Tax Return (2009)

$89,000

$109,000

Married, Active Participant, Filing a Joint Federal Income Tax Return (2010)

$89,000

$109,000

Married, Active Participant, Filing a Separate Federal Income Tax Return (2009)

$0

$10,000

Married, Active Participant, Filing a Separate Federal Income Tax Return (2010)

$0

$10,000

Spouse is an Active Participant (2009)

$166,000

$176,000

Spouse is an Active Participant (2010)

$167,000

$177,000

Roth IRA Contribution Eligibility Modified Adjusted Gross Income (MAGI) Phase-Out Ranges

Single Individuals (2009)

$105,000

$120,000

Single Individuals (2010)

$105,000

$120,000

Married, Filing a Joint Federal Income Tax Return (2009)

$166,000

$176,000

Married, Filing a Joint Federal Income Tax Return (2010)

$167,000

$177,000

Married, Filing a Separate Income Tax Return (2009)

$0

$10,000

Married, Filing a Separate Income Tax Return (2010)

$0

$10,000


Saver's Tax Credit Adjusted Gross Income (2009)

Joint Return

Head of Household

All Other Cases

 

Over

Not Over

Over

Not Over

Over

Not Over

Applicable Percentage

$0

$33,000

$0

$24,750

$0

$16,500

50%

$33,000

$36,000

$24,750

$27,000

$16,500

$18,000

20%

$36,000

$55,500

$27,000

$41,625

$18,000

$27,750

10%

$55,500

 

$41,625

 

$27,750

 

0%


Saver's Tax Credit Adjusted Gross Income (2010)

Joint Return

Head of Household

All Other Cases

 

Over

Not Over

Over

Not Over

Over

Not Over

Applicable Percentage

$0

$33,500

$0

$25,125

$0

$16,750

50%

$33,500

$36,000

$25,125

$27,000

$16,750

$18,000

20%

$36,000

$55,500

$27,000

$41,625

$18,000

$27,750

10%

$55,500

 

$41,625

 

$27,750

 

0%

 

Health Savings Account Income Limits

High Deductible Health Plan

 

Deductible

Out-of-Pocket Expense Cap

Self-Only Coverage

At Least $1,150 (2009)
or $1,200 (2010)

Not to Exceed $5,800 (2009)
or $5,950 (2010)

Family Coverage

At Least $2,300 (2009)
or $2,400 (2010)

Not to Exceed $11,600 (2009)
or $11,900 (2010)

Contribution Limit Plus Catch-Up

Self-Only Coverage

$3,000 (2009)
$3,050 (2010)

$1,000 (2009)
$1,000 (2010)

Family Coverage

$5,950 (2009)
$6,150 (2010)

$1,000 (2009)
$1,000 (2010)

 

 

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