|
|
2012 |
2011 |
2010 |
2009 |
2008 |
| Maximum
Annual Considered Compensation: (applies to plan years beginning in the indicated year) |
$250,000 |
$245,000 |
$245,000 |
$245,000 |
$230,000 |
| Limits
on benefits and contributions: |
|
|
Defined contribution plans maximum allocation (applies to limitation years ending in the indicated year) |
$50,000 |
$49,000 |
$49,000 |
$49,000 |
$46,000 |
|
|
Defined
benefit plans maximum benefit (applies to limitation years ending in the indicated year) |
$200,000 |
$195,000 |
$195,000 |
$195,000 |
$185,000 |
|
|
401(k),
403(b) and 457(b)
plan maximum elective deferrals |
$17,000 |
$16,500 |
$16,500 |
$16,500 |
$15,500 |
|
|
SIMPLE
plan maximum elective deferrals |
$11,500 |
$11,500 |
$11,500 |
$11,500 |
$10,500 |
|
|
IRA
maximum |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
| Catch-up
contributions: |
|
|
401(k) and
403(b) plans (applies to calendar years) |
$5,500 |
$5,500 |
$5,500 |
$5,500 |
$5,000 |
|
|
SIMPLE
plans |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
|
|
IRA
|
$1,000 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
| "Highly
Compensated Employee" threshold: (applies to look back years in the indicated year) |
$115,000 |
$110,000 |
$110,000 |
$110,000 |
$105,000 |
| "Key
Employee" definition: |
|
|
Officer
compensation threshold |
$165,000 |
$160,000 |
$160,000 |
$160,000 |
$150,000 |
|
|
1%
owner compensation threshold |
$150,000 |
$150,000 |
$150,000 |
$150,000 |
$150,000 |
| Social
Security: |
|
|
Taxable
wage base |
$110,100 |
$106,800 |
$106,800 |
$106,800 |
$102,000 |
Critical
Deadlines to Remember |
