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Discover the 2008 401k Contribution Limits

For 2008, the maximum amounts you can contribute to your 401(k) plan, as set by the IRS is shown below:

2008 401k Contribution Limit: $15,500
2008 Catch-Up Contribution Limit (only for those over 50 years old): $5,000

These are the IRS limits, but you are also subject to the limits imposed by your company’s 401k plan.

 

 

 

Housing and Foreclosure News

Optimists: House prices expected to fall until 2009 (articles.moneycentral.msn.com)
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Disaster capitalism, the new Manifest Destiny (eyeonmiami.blogspot.com)
SIV Bailout Plan: Don't Ask, Don't Sell (seekingalpha.com)
Text of Paulson's Remarks on Housing (blogs.wsj.com)
As Defaults Rise, Washington Worries (nytimes.com)
Mortgage Securities Bailout Fund: A Bribe? (seekingalpha.com)
Banks May Pool Billions to Avert Securities Sell-Off (nytimes.com)
Boom Boom Tuesday (market-ticker.denninger.net)
Wells Fargo, Regions Financial, KeyCorp Profits Miss (bloomberg.com)
Wells Fargo Hit by Mortgage Woes (thestreet.com)
Foreigners Sold Record $69.3 Billion in U.S. Assets (bloomberg.com)
German bank hit by subprime crisis slashes results, directors leave (afp.google.com)
Builder D.R. Horton Orders Fall (cnbc.com)
D.R. Horton Orders Fall to Lowest in Almost Six Years (bloomberg.com)
Housebuilder Outlook Falls to Record Low (biz.yahoo.com)
8 Areas in the U.S. Most Unaffordable in World (efinancedirectory.com)
Blame the Downturn on Homebuilders and Banks (doctorhousingbubble.com)
Southern California house sales plunge 30 pct in Sept (reuters.com)
2005 San Diegeo Sales (sandicor.com)
2007 San Diego Sales (sandicor.com)