Plan or IRA Type Contribution limits Additional catch-up contribution** (age 50 and older) 2008 2009 2008 2009 401(k), 403(b), 457* $15,500 $16,500 $5,000 $5,500 SIMPLE IRA plan $10,500 $11,500 $2,500 $2,500 Traditional and Roth IRA $5,000 $5,000 $1,000 $1,000 *Check with your employer about the specific contribution amounts for your plan. **Catch-up contributions are in addition to the general contribution limit. For example, in 2009, a 55-year-old participant may be able to contribute up to $22,000 to a retirement plan and $6,000 to an IRA.
2009 Retirement Contribution Limits
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