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Topic: Federal Thrift Savings Plan

IRA and Retirement Plan Limits for 2014

 

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – The maximum amount you can contribute to a traditional IRA or Roth IRA in 2014 remains unchanged at $5,500 (or 100% of your earned income, if less).

The maximum catch-up contribution for those age 50 or older in 2014 is $1,000, also unchanged from 2013. (You can contribute to both a traditional and Roth IRA in 2014, but your total contributions can’t exceed this annual limit.)

Frazier Allen

Frazier Allen

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