 |
Annual Plan Limits
|
|
2012 |
2011 |
2010 |
2009 |
|
Qualified Plan |
|
|
|
|
|
Compensation limit |
$250,000
|
$245,000
|
$245,000
|
$245,000
|
|
|
|
|
|
|
401(k) and 403(b) Plan |
|
|
|
|
|
Maximum elective deferral |
$17,000
|
$16,500
|
$16,500
|
$16,500
|
|
|
|
|
|
|
SIMPLE Plan |
|
|
|
|
|
Maximum elective deferral |
$11,500
|
$11,500
|
$11,500
|
$11,500
|
|
|
|
|
|
|
Catch-up Contribution Limit |
|
|
|
|
|
401(k) and 403(b) |
$5,500
|
$5,500
|
$5,500
|
$5,500
|
|
SIMPLE |
$2,500
|
$2,500
|
$2,500
|
$2,500
|
|
|
|
|
|
|
Highly Compensated Definition |
|
|
|
|
|
Compensation test |
$115,000
|
$110,000
|
$110,000
|
$110,000
|
|
|
|
|
|
|
Top Heavy Key EE Definition |
|
|
|
|
|
Officer test |
$165,000
|
$160,000
|
$160,000
|
$160,000
|
|
|
|
|
|
|
Social Security |
|
|
|
|
|
Taxable wage base |
$110,100
|
$106,800
|
$106,800
|
$106,800
|
|
|
|
|
|
|
Defined Contribution |
|
|
|
|
|
Annual additions limit |
$50,000
|
$49,000
|
$49,000
|
$49,000
|
|
|
|
|
|
|
Defined Benefit |
|
|
|
|
|
Annual benefit limit |
$200,000
|
$195,000
|
$195,000
|
$195,000
|
|