| |
2011 |
|
2012 |
| |
|
| Individual Retirement Account (IRA’s) |
$5,000 |
|
$5,000 |
| Catch-Up Contributions for Participants Age 50 or Older |
$1,000 |
|
$1,000 |
| |
|
| Deferral Limits for Plans |
|
| |
401(k) |
|
$16,500 |
|
$17,000 |
| |
SIMPLE |
|
$11,500 |
|
$11,500 |
| |
403(b) |
|
$16,500 |
|
$17,000 |
| |
457 |
|
$16,500 |
|
$17,000 |
| |
|
|
| Catch-Up Contributions for Participants Age 50 or Older |
|
| |
401(k) Plans |
$5,500 |
|
$5,500 |
| |
SIMPLE Plans |
$2,500 |
|
$2,500 |
| |
|
| Qualified Plans-Annual Compensation Limit |
$250,000 |
|
$245,000 |
| |
|
| |
|
| Defined Contribution – Maximum Annual Addition |
$50,000 |
|
$49,000 |
| |
|
| |
|
| SEP Compensation Threshold for Participation |
$550 |
|
$550 |
| |
|
|
|
|
|
