Employee Benefits Attorneys

ERISA/Benefits - Annual Retirement Plan Limits

2012 Internal Revenue Code Limits for Employee Benefit Plans

BENEFIT PLAN LIMITATIONS
2012
2011
Compensation Limit
(Code Section 401(a)(17))
$250,000
$245,000
Elective Contribution Limits
401(k), 403(b), 457(b) and SARSEP Plan Contributions
$17,000
$16,500
Catch-up Contributions for 401(k), 403(b), 457(b) and SARSEP Plans
$5,500
$5,500
SIMPLE 401(k) Plans
$11,500
$11,500
Catch-up Contributions for SIMPLE 401(k) Plans
$2,500
$2,500
Highly Compensated Employee (Code Section 414(q))
Annual Compensation for determining Highly Compensated Employee status
$115,000
$110,000
Maximum Benefit/Contribution Limits (Code Section 415)
Defined Benefit Plan Annual Limit
(Code Section 415(b))
$200,000
$195,000
Defined Contribution Plan Annual Limit (Code Section 415(c))
$50,000
$49,000
Top Heavy Status (Code Section 416(i))
Compensation for determining Key Employee status for Officers
$165,000
$160,000
Social Security Wage Base
$110,100
$106,800

 

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