| |
| IRS Benefit Limits |
2009 |
2008 |
| Elective Deferrals, 401(k) & 403(b) plans |
$16,500 |
$15,500 |
| Catch-Up Contributions |
$5,500 |
$5,000 |
| SIMPLE Contributions Limit |
$11,500 |
$10,500 |
| SIMPLE Catch-Up Contributions |
$2,500 |
$2,500 |
| Annual Benefit Limit |
$195,000 |
$185,000 |
| Annual Contribution Limit |
$49,000 |
$46,000 |
| Annual Compensation Limit |
$245,000 |
$230,000 |
| 457 Deferral Limit |
$16,500 |
$15,500 |
| Highly Compensated Threshold |
$110,000 |
$105,000 |
| SEP Coverage |
$550 |
$500 |
| SEP Compensation Limit |
$245,000 |
$230,000 |
| Income Subject to Social Security |
$106,800 |
$102,000 |
| Top Heavy Plan Key Employee Compensation |
$160,000 |
$150,000 |
| IRA for 49 and under |
$5,000 |
$5,000 |
| IRA for 50 and over |
$6,000 |
$6,000 |
|
