Page 37 - Tax Planning 2024
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RETIREM ENT PLANS






         - Roth IRA contribution limit: $7,000 (plus $1,000 catch-up

             for age 50+).

         - Roth IRA contribution limit phaseout (MAGI): $230,000 to


             $2430,000 (married filing jointly);

                - $146,000 to $161,000 (single and heads of

                    household):


                - $0 to $10,000 (married filing separately).

         - SEP minimum required compensation: $750;


                - compensation limit for determining maximum

                    allowable contributions by employer: $345,000.























          TRAINBYUS: TRANSFORMING DIGITAL LEARNING
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