• 401(k)
  • Profit Sharing
  • Cash balance
  • Defined Benefit
  • Compliance & Due Diligence
  • Actuarial & Fiduciary Services

Retirement Plan Resources.

printer friendly page printer friendly

  2010 2009
Elective Deferrals (401(k) and 403(b); not including adjustments and catch-ups) $15,000 $16,500 $16,500
457(b)(2) and 457(c)(1) Limits (not including catch-ups) $16,500 $16,500
Section 414(v) Catch-Ups Deferrals to 401(k), 403(b), or SARSEP Plans $5,500 $5,500
Defined Benefit Plans $195,000 $195,000
Defined Contribution Plans $49,000 $49,000
Annual Compensation Limit $245,000 $245,000
Annual Compensation Limit for Grandfathered Participants in Governmental Plans Which Followed 401(a)(17) Limits (With Indexing) on July 1, 1993 $360,000 $360,000
Highly Compensated Employee $110,000 $110,000
SIMPLE Retirement Accounts $11,500 $11,500
SEP Coverage $550 $550
SEP Compensation $245,000 $245,000
Tax Credit ESOP Maximum Balance $985,000 $985,000
Amount for Lengthening of 5-Year ESOP Period $195,000 $195,000
Income Subject to Social Security Tax $106,800 $106,800
FICA Tax for employees and employers 7.65% 7.65%
Social Security Tax for employees and employers 6.2% 6.2%
Medicare Tax for employees and employers 1.45% 1.45%
FICA Tax for self-employed workers 15.3% 15.3%
Social Security Tax for self-employed workers 12.4% 12.4%
Medicare Tax for self-employed workers 2.9% 2.9%