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Some key ceilings on retirement plans are going up.(RETIREMENT PLANS)

Kiplinger Tax Letter, The,  October, 2007  

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Some key ceilings on retirement plans are going up next year:

The payin limits for IRAs and Roths rise to $5,000, up by $1,000. And anyone who was born in 1958 or earlier can kick in an extra $1,000.

Plan payins can be based on up to $230,000 of salary next year.

The payin ceiling for defined-contribution plans will be $46,000 in ...

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