Page 37 - Final Tax Return
P. 37
RETIREM ENT PLANS
- Roth IRA contribution limit: $6,500 (plus $1,000 catch-up
for age 50+).
- Roth IRA contribution limit phaseout (MAGI): $218,000 to
$228,000 (married filing jointly);
- $138,000 to $153,000 (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: $330,000.
TRAINBYUS: TRANSFORMING DIGITAL LEARNING