Retirement Plans Maximum Limitations - 2012
Answer:
IRA Contributions $5,000
IRA Catch-up Contributions $1,000
Defined Benefit Plan Benefit $200,000
Defined Contribution Plan Allocation $50,000
401(K) or 403(b) Salary reduction deferrals $17,000
401(k) or 403(b) Catch-up Contributions $5,500
SIMPLE plans $11,500
SIMPLE plan Catch-up Contributions $2,500
Salary for pension plan $250,000
Salary for highly compensated employee $115,000
Salary for Key employee $165,000
Salary for SEP eligibility $550
Social Security Taxable Wage base $110,100
IRA Catch-up Contributions $1,000
Defined Benefit Plan Benefit $200,000
Defined Contribution Plan Allocation $50,000
401(K) or 403(b) Salary reduction deferrals $17,000
401(k) or 403(b) Catch-up Contributions $5,500
SIMPLE plans $11,500
SIMPLE plan Catch-up Contributions $2,500
Salary for pension plan $250,000
Salary for highly compensated employee $115,000
Salary for Key employee $165,000
Salary for SEP eligibility $550
Social Security Taxable Wage base $110,100
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