- Tax Planning
- Investments 1: Before you Invest
- Investments 2: Your Investment Plan
- Investments 3: Securities Market Basics
- Investments 4: Bond Basics
- Investments 5: Stock Basics
- Investments 6: Mutual Fund Basics
- Investments 7: Building Your Portfolio
- Investments 8: Picking Financial Assets
- Investments 9: Portfolio Rebalancing and Reporting
- Retirement 1: Basics
- Retirement 2: Social Security
- Retirement 3: Employer Qualified Plans
- Retirement 4: Individual and Small Business Plans
- Estate Planning Basics
Case Study #4 Answers
Sam is eligible for not only the 401(k) limit of $16,500 in 2009, but also the $5,000 catch up contribution.
Both he and his wife are also eligible for the $5,000 IRA contribution, as well as the $1,000 catch-up limit, as they are not beyond the phase-out limits for IRAs.
Overall, they could invest $21,500 in their 401(k) and $12,000 in their IRAs for a total of $33,500 saved in 2009.
