2008 and 2009 Contribution Limits for 401(k)

WASHINGTON, D.C., Oct. 22 (SEND2PRESS NEWSWIRE) — The newly released IRS 2009 contribution limits for qualified retirement plans means that individuals and their employers can contribute more than ever before to a 401(k) plan, announced Lamaute Capital (member FINRA, SIPC). In addition to the opportunity to shelter from taxes a big portion of income, many 401(k) plans have a loan feature that can give its owners access to cash in times of need.