ComputeResults
Investment advisory services and securities offered through MetLife Securities, Inc., New England Securities Corp., Tower Square Securities, Inc., Walnut Street Securities, Inc. Registered Investment Advisers and Broker-Dealer Members FINRA/SIPC 1095 Avenue of the Americas, New York, NY 10036 L0912280798[exp0913][All States][DC,GU,MP,PR,VI]
| Married, filing jointly |
Head of Household |
Single filers |
Tax Rate |
| $0 - $17,850 |
$0 - $12,750 |
$0 - $8,9250 |
10% |
| $17,850.01 - $72,500 |
$12,750.01 - $48,600 |
$8,925.01 - $36,250 |
15% |
| $72,500.01 - $146,400 |
$48,600.01 - $125,450 |
$36,250.01 - $87,850 |
25% |
| $146,400.01 - $223,050 |
$125,450.01 - $203,150 |
$87,850.01 - $183,250 |
28% |
| $223,050.01 - $398,350 |
$203,150.01 - $398,350 |
$183,250.01 - $398,350 |
33% |
| $398,350.01 - $450,000 |
$398,350.01 - $425,000 |
$398,350.01 - $400,000 |
35% |
| More than $450,000 |
More than $425,000 |
More than $400,000 |
39.6% |
| Source: IRS, 2013 tax rate schedules. |
If the IRA holder turns 70 1/2 this year, he can defer his first distribution until April 1 of the next year. If he is older, he would normally be required to take his RMD before December 31 of this year. RMDs are considered taxable income for the year in which they are taken.
Your total contribution, including employer match, cannot exceed$51,000. Your employer may impose maximums that are less than what the law allows.
For 2013, the maximum you can contribute to your qualified plan is$17,500. If you are at least 50 years old, you may be able to contribute another $5,500 pursuant to catch-up contribution rules. Your employer may impose maximums that are less than what the law allows.
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