Match the basic limitation on contributions to the retirement plans for 2017 with the retirement plan. Limitations may be used more than once. Assume all taxpayers are under age 50, unless stated otherwise.
1. _____ Roth IRA
2. _____ 401(k) plan
3. _____ Defined benefit retirement plan
4. _____ Defined contribution retirement plan
5. _____ Nonqualified deferred compensation plan
6. _____ IRA (taxpayer over age 50)
7. _____ Spousal IRA
8. _____ Keogh plan (defined contribution)
a. No limit
b. $5,500
c. $6,500
d. $18,000
e. $54,000
f. $215,000

Question

Match the basic limitation on contributions to the retirement plans for 2017 with the retirement plan. Limitations may be used more than once. Assume all taxpayers are under age 50, unless stated otherwise.
1. _____ Roth IRA 
2. _____ 401(k) plan 
3. _____ Defined benefit retirement plan 
4. _____ Defined contribution retirement plan 
5. _____ Nonqualified deferred compensation plan 
6. _____ IRA (taxpayer over age 50) 
7. _____ Spousal IRA 
8. _____ Keogh plan (defined contribution) 
 a. No limit
b. $5,500
c. $6,500
 d. $18,000
e. $54,000
f. $215,000

Quizplus · Accepted Answer

The Answer of Match the basic limitation on contributions to the retirement plans for 2017 with the retirement plan. Limitations may be used more than once. Assume all taxpayers are under age 50, unless stated otherwise.
1. _____ Roth IRA 
2. _____ 401(k) plan 
3. _____ Defined benefit retirement plan 
4. _____ Defined contribution retirement plan 
5. _____ Nonqualified deferred compensation plan 
6. _____ IRA (taxpayer over age 50) 
7. _____ Spousal IRA 
8. _____ Keogh plan (defined contribution) 
 a. No limit
b. $5,500
c. $6,500
 d. $18,000
e. $54,000
f. $215,000

Match the Basic Limitation on Contributions to the Retirement Plans