In this article. Folic acid is a pregnancy superhero! Taking a prenatal vitamin with the recommended 400 micrograms (mcg) of folic acid before and during pregnancy can help prevent birth defects of your baby's brain and spinal cord. Take it every day and go ahead and have a bowl of fortified cereal, too.
SEP IRA Contribution Limits. The 2015 and 2016 SEP IRA contribution limit is $53,000. For incorporated businesses, compensation is based on W-2 income. Annual contributions can be made into a SEP IRA up to 25% of W-2 income. For those taxed as sole proprietors compensation is based on adjusted earned income. Adjusted earned income is determined by completing an IRS worksheet. SEP IRA contributions of 20% of adjusted earned income can be made annually. In 2015 and 2016 annual compensation of more than $265,000 cannot be taken into consideration for determining contributions. Contributions to a SEP IRA are generally 100% tax deductible and investment earnings in a SEP IRA grow taxed deferred.
You are not eligible for a Roth if your AGI is more than $191,000. Contribution limits for a Roth IRA phase out between $181,000 and $191,000 in 2014, up slightly from $178,000 and $188,00 in 2013. Contribution Limits for Other Types of IRAs in 2014.Limits remain unchanged from 2013 for traditional IRAs as well.oth IRA Contribution Limits 2014. Just as in 2013, the Roth IRA contribution limit for 2014 is $5,500. 2014 Roth IRA Catch-Up Contribution Limits. People older than age 50 get an increased Roth IRA limit. If you are in that group you can add an extra $1,000 to your 2014 contribution.