Page 33 - Taxes Rates Reference Guide 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
