Individual Retirement and Health Savings Account Comparison Chart


 

Traditional and Roth IRS Aggregate Annual Contribution Limits

Tax Year

Annual Contribution Limit

Additional "Catch-Up" Contribution for

Owners Age 50 and Older

2009$5,000$1,000 ($6,000 total)
2010$5,000

$1,000 ($6,000 total)

 

 

Coverdell ESA Annual Contribution Limits per Child

Tax Year  Annual Contribution Limit
2009 $2,000
2010

$2,000

 

 

Health Savings Account Annual Contribution Limits

Tax Year

Single Coverge Annual

Limit (Monthly Limit)

Family Coverage Annual

Limit (Monthly Limit)

2009$3,000 ($250)$5,950 ($495.83)
2010$3,050 ($254.17)

$6,150 ($512.50)

 

Heath Savings Account "Catch-Up" Contribution Limits

Tax Year
 

Annual (Monthl)

"Catch-Up" Contribution

2009
$1,000 ($83.33)
2010 

$1,000 ($83.33)

 

For more information on how to open an Individual Retirement Account, contact us at info@unitedcu.org

 

NCUA