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    mum compensation limit for tax year 2007 increases from $220,000 to $225,000. This increase generates a ma
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    IRA Contributions:

    For 2007, the maximum contribution is $4,000 for both traditional and Roth Individual Retirement Accounts ("IRAs"). A "catch-up" provision of $1,000 is available for those age 50 and over. If you'd like to put more aside, then next year (2008) will offer some relief because the base contribution will increase to $5,000.

    SEP IRA Provisions:

    The maximum compensation limit for tax year 2007 increases from $220,000 to $225,000. This increase generates a max

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    l and Roth Individual Retirement Accounts ("IRAs"). A "catch-up" provision of $1,000 is available for those age 50 and over. If you'd like to put more aside, then next year (2008) will offer some relief because the base contribution will increase to $5,000.

    SEP IRA Provisions:

    The maximum compensation limit for tax year 2007 increases from $220,000 to $225,000. This increase generates a ma

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    e age 50 and over. If you'd like to put more aside, then next year (2008) will offer some relief because the base contribution will increase to $5,000.

    SEP IRA Provisions:

    The maximum compensation limit for tax year 2007 increases from $220,000 to $225,000. This increase generates a ma

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    SEP IRA Provisions:

    The maximum compensation limit for tax year 2007 increases from $220,000 to $225,000. This increase generates a ma

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    mum compensation limit for tax year 2007 increases from $220,000 to $225,000. This increase generates a maximum SEP contribution of $45,000, up from $44,000 in 2006.

    SIMPLE IRA Plans:

    For 2007, Elective Contributions are raised to $10,500. For participants age 50 and over, there is an additional "catch-up" provision of $2,500.

    The non-elective employer contribution wage base is $220,000.

    401(k) Contribution Limits:

    Elective employee contributions for 2007

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