... consideration in selecting a plan. Other considerations are flexibility in making contri-butions, costs involved in establishing and maintaining the plan,annual filing requirements, and withdrawal ... contributions in one of two ways: 184 Rich in America 05 Chapter Maurer 6/20/03 5:14 PM Page 184 1 68 Rich in America Future Value of Annual $3,000 IRA Contributions at an 8% Annualized Return $83 9,000$367,000$1 48, 000$0$100,000$200,000$300,000$400,000$500,000$600,000$700,000 $80 0,000$900,00020 ... amount increases gradually to $5,000 by 20 08. To help thosecloser to retirement, the new law contains a catch-up provision,allowing those age 50 and older to save more. For instance, in 2002,they...