Retirement Plan Limits
IRS AND SOCIAL SECURITY COST-OF-LIVING ADJUSTMENTS |
|||
2010 |
2011 |
2012 |
|
DC Plan Dollar Limit on Annual Additions |
$49,000 |
$49,000 |
$50,000 |
DB Plan Limit on Annual Benefit |
$195,000 |
$195,000 |
$200,000 |
Maximum Compensation Used to Determine Benefits of Contributions |
$245,000 |
$245,000 |
$250,000 |
401(k), SARSEP, & 403(b) Plan Deferrals / Catch-Up |
$16,500 / $5,500 |
$16,500 / $5,500 |
$17,000 / $5,500 |
457 Plan Deferrals / Catch-Up |
$16,500 / $5,500 |
$16,500 / $5,500 |
$17,000 / $5,500 |
SIMPLE Deferrals / Catch-Up |
$11,500 / $2,500 |
$11,500 / $2,500 |
$11,500 / $2,500 |
IRA Contribution / Catch-Up |
$5,000 / $1,000 |
$5,000 / $1,000 |
$5,000 / $1,000 |
Compensation Defining Highly Compensated Employee |
$110,000 |
$110,000 |
$115,000 |
Compensation Defining Key Employee (Officer) |
$160,000 |
$160,000 |
$165,000 |
Annual Compensation Triggering Simplified Employee Pension (SEP) Contribution Requirement |
$550 |
$550 |
$550 |
Social Security Taxable Wage Base (SSTWB) |
$106,800 |
$106,800 |
$110,100 |