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2009 |
2008 |
2007 |
2006 |
2005 |
2004 |
| Elective Deferrals (401(k) and 403(b); not including adjustments and catch-ups)$15,000 |
$16,500 |
$15,500 |
$15,500 |
$15,000 |
$14,000 |
$13,000 |
| 457(b)(2) and 457(c)(1) Limits (not including catch-ups) |
$16,500 |
$15,500 |
$15,500 |
$15,000 |
$14,000 |
$13,000 |
| Section 414(v) Catch-Ups Deferrals to 401(k), 403(b), or SARSEP Plans |
$5,500 |
$5,000 |
$5,000 |
$5,000 |
$4,000 |
$3,000 |
| Defined Benefit Plans |
$195,000 |
$185,000 |
$180,000 |
$175,000 |
$170,000 |
$165,000 |
| Defined Contribution Plans |
$49,000 |
$46,000 |
$45,000 |
$44,000 |
$42,000 |
$41,000 |
| Annual Compensation Limit |
$245,000 |
$230,000 |
$225,000 |
$220,000 |
$210,000 |
$205,000 |
| Annual Compensation Limit for Grandfathered Participants in Governmental Plans Which Followed 401(a)(17) Limits (With Indexing) on July 1, 1993 |
$360,000 |
$345,000 |
$335,000 |
$325,000 |
$315,000 |
$305,000 |
| Highly Compensated Employee |
$110,000 |
$105,000 |
$100,000 |
$100,000 |
$95,000 |
$90,000 |
| SIMPLE Retirement Accounts |
$11,500 |
$10,500 |
$10,500 |
$10,000 |
$10,000 |
$9,000 |
| SEP Coverage |
$550 |
$500 |
$500 |
$450 |
$450 |
$450 |
| SEP Compensation |
$245,000 |
$230,000 |
$225,000 |
$220,000 |
$210,000 |
$205,000 |
| Tax Credit ESOP Maximum Balance |
$985,000 |
$935,000 |
$915,000 |
$885,000 |
$850,000 |
$830,000 |
| Amount for Lengthening of 5-Year ESOP Period |
$195,000 |
$185,000 |
$180,000 |
$175,000 |
$170,000 |
$165,000 |
| Income Subject to Social Security Tax |
$106,800 |
$102,000 |
$97,500 |
$94,200 |
$90,000 |
$87,900 |
| FICA Tax for employees and employers |
7.65% |
7.65% |
7.65% |
7.65% |
7.65% |
7.65% |
| Social Security Tax for employees and employers |
6.2% |
6.2% |
6.2% |
6.2% |
6.2% |
6.2% |
| Medicare Tax for employees and employers |
1.45% |
1.45% |
1.45% |
1.45% |
1.45% |
1.45% |
| FICA Tax for self-employed workers |
15.3% |
15.3% |
15.3% |
15.3% |
15.3% |
15.3% |
| Social Security Tax for self-employed workers |
12.4% |
12.4% |
12.4% |
12.4% |
12.4% |
12.4% |
| Medicare Tax for self-employed workers |
2.9% |
2.9% |
2.9% |
2.9% |
2.9% |
2.9% |
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