2008 401(k) Contribution Limits

Standard Limit 50+ Catch Up limit $ 15, 500 $15,500 + $ 5000

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2008 IRA Contribution

Beginning Jan 1, 2008, you can make your 2008 contribution.  For tax year 2008, you can contribute up to $5,000 of earned income to your IRA ($6,000 if you will be age 50 or older in 2008). 

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