2007 Retirement Plan Contribution Limits

2007 represents the first time I would have maximized my contributions to both my 401K and my Roth IRA. I will try to make it a habit from now on.

2007 Contribution Limits
401K - $15,500
Roth IRA - $4,000 if Modified Adjusted Gross Income below $99,000

2008 Contribution Limits
401K - $15,500
Roth IRA - $5,000