The IRA contribution limits will stay the same in 2010 as they were in 2009 and 2009. Investors under the age of 50 can contribute up to $5,000 per year. Those investors who are over the age of 50 can make additional catch up contributions for a total investment of $6,000 per year.
| Year | Under Age 50 | Age 50+ |
| 2002-2004 | $3,000/year | $3,500/year |
| 2005 | $4,000/year | $4,500/year |
| 2006-2007 | $4,000/year | $5,000/year |
| 2008 | $5,000/year | $6,000/year |
| 2009 | $5,000/year | $6,000/year |
| 2010 | $5,000/year | $6,000/year |
You can make your 2009 contributions until April 15th, 2010. A lot of people forget that seldom talked about fact, but it is a great way to spend any extra money that you have received at the end of the year or beginning of the new year. Finishing off your Roth IRA contributions up to 100 days after the year is over can be a great use of extra income, a year end bonus, or even your income tax refund. As for your 2010 contributions, you can start investing in a Roth IRA immediately on January 1st through the next deadline of April 15th, 2011.
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