Does anyone know 2009 IRA limits?

Factual Questions
1

Does anyone know 2009 IRA limits?

This sitehas 401k, etc. limits but I have yet to see if they changed for 2009.

2

$5000 for under 50/$6000 for 50+

http://www.irs.gov/publications/p590/ch01.html#d0e871

3

Thanks for the reply, but that information is for 2008.

4

I’ve searched exhaustively and all I’ve come up with is the “Adjusted for inflation” numbers. It will be at least an additional 500 dollars.

WAG: 6000. People lost a lot of money in the market this year. I could see a 6000 dollar limit plus the 1000 catch up for 2009. That, of course, is a guess.

5

Thanks Dale. I have searched, too. It looks like all the other numbers are in per my link above but this one. $6,000 would be a nice jump. It should be easy for us to calculate. They go up based on inflation in increments of $500. 2008 was the first year for $5k and the first year they started the $500 increment thing (per Traditional IRA and Roth IRA Contribution Limits (2022)). So in order to go up to $5,500 their inflation number wold have to be (500/5000 = 10%). I haven’t seen any numbers this high so I guess it doesn’t seem like it will increase. Does this logic make sense? Do they use CPI inflation in their number?

BTW, Vanguard says $5k/$6k.