How Much Can You Contribute To A Retirement Plan?

  1. 0 POINTS
    Contact Me
    David RacichPRO
    Fountain Hills, Arizona
    It depends on whether you select qualified or non-qualified plans. Qualified plans, like 401(k)s, allow $17,500 for plan contributors with an extra $5,500 for those over age 50. SEP plans allow up to $51,000 based on 25% of your net income. Non-qualified plans that use life insurance and annuities have some limitations, but generally greater contribution than qualified plans with the possible exception of 412(i) plans.
     
    Answered on June 14, 2013
    +0
    1 Thumb up 0
    +1 this answer
    flag this answer
    2. Did you find these answers helpful?
    Yes
    No
    Go!

Add Your Answer To This Question

You must be logged in to add your answer.


<< Previous Question
Questions Home
Next Question >>