Savings and Investments

Individual Retirement Accounts

How much can an employee contribute to a Simple IRA?

Although this amount may change in the future, in 2010, employees could contribute (or defer) up to $11,500 of their salary per year, and set this money aside for retirement. Employers may match up to 3% of the employee’s income into this account as well.


This is a web preview of the "The Handy Personal Finance Answer Book" app. Many features only work on your mobile device. If you like what you see, we hope you will consider buying. Get the App