Regulatory Limits

 

Regulatory Limits for 2012

 Important Limits 2012 20112010
 IRC§ 402(g) limit on 401(k), 403(b) and 457 elective deferrals$17,000  $16,500 $16,500
 Catch-up contribution limit for employees aged 50 or over$5,500  $5,500 $5,500
 Annual limit on compensation$250,000  $245,000 $245,000
 Highly compensated employee threshold$115,000  $110,000 $110,000
 Limit on annual benefits under a defined benefit plan$200,000  $195,000 $195,000
 Limit on annual additions to a defined contribution plan$50,000  $49,000 $49,000
 Social Security wage base$110,100  $106,800 $106,800

This is a reference for the most frequently asked questions regarding limits.  This does not represent all the limits.  As always, pension limits are subject to change in the event new pension legislation is enacted.