RETIREMENT PLANS
Contribution Limits		2010		2009
IRA Contribution Limit:
Under Age 50		$5,000		$5,000
Age 50 or older		6,000		6,000
SIMPLE IRA Plan Elective Deferral Limits
Under Age 50		11,500		11,500
Age 50 or older		14,000		14,000
401(k), 403(b), 457 and SARSEP
Elective Deferral Limits:
Under Age 50		16,500		16,500
Age 50 or older		22,000		22,000
Profit Sharing Plan/SEP contribution Limits:		49,000		49,000
ROTH IRA Conversion - AGI Limit:
MFJ, Single, HoH		no limit		100,000
MFS		no limit		not allowed
		Traditional IRA Deduction				Roth IRA Contribution
AGI Phase-Out Ranges - 2009		Beginning		Ending		Beginning		Ending
Filing Status
Married Filing Joint		$89,000		$109,000		$166,000		$176,000
Qualifying Widow(er)		89,000		109,000		166,000		176,000
Single		55,000		65,000		105,000		120,000
Head of Household		55,000		65,000		105,000		120,000
Married Filing Separate		0		10,000		0		10,000
Traditional - Phase out only applies if taxpayer is an active participant in a retirement plan. For MFJ, phase-out range for non-participating spouse is from $166,000 - $176,000
Married individuals filing MFS who live apart at all times during the year are treated as single

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