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I have heard 4000 but I have also heard 3000. Please help

2006-08-31 06:40:17 · 5 answers · asked by Waterworking 2 in Business & Finance Investing

5 answers

Yes, $4000 plus the $1000 catch up, as long as you don't make over 150M.

2006-08-31 06:56:55 · answer #1 · answered by BOB W 3 · 0 0

The amount for 2006 is $ 4000.

2006-08-31 06:46:10 · answer #2 · answered by prashant k 2 · 0 0

The maximum is 4000 for 2006,2007
5000 for 2008

2006-08-31 07:03:32 · answer #3 · answered by Hoa N 6 · 0 0

It's $4000 plus $1000 catch-up if are 50 yrs old or turn 50 this year.

2006-08-31 06:47:54 · answer #4 · answered by kcincon 3 · 0 0

Without knowing any specifics about you, it is $4000. I open IRA's every day so I should know what I'm talking about. Let me know if I can help you in any other way.

2006-08-31 06:45:38 · answer #5 · answered by Shannon G 2 · 0 0

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