For more information about these numbers and applications, contact Madison Pension Services.
| Plan type | 2011 |
2010 |
|---|---|---|
| 401(k), 403(b), and SARSEP maximum deferral [402(g)] | $16,500 |
$16,500 |
| 457 maximum deferral | 16,500 |
16,500 |
| Catch-up for 401(k), 403(b), SARSEP, and 457 | 5,500 |
5,000 |
| SIMPLE election maximum deferral | 11,500 |
11,500 |
| Catch-up for SIMPLE | 2,500 |
2,500 |
| Defined benefit - annual benefit | 195,000 |
195,000 |
| Defined contribution - annual contributions | 49,000 |
49,000 |
| IRA limit | 5,000 |
5,000 |
| IRA catch-up | 1,000 |
1,000 |
| Maximum compensation | 245,000 |
245,000 |
| SEP annual compensation floor | 550 |
500 |
| Highly-compensated employees - any employee compensation | 110,000 |
110,000 |
| Officer compensation | 160,000 |
160,000 |
| 1% owner | 150,000 | 150,000 |
Up-to-the-minute changes to these numbers are provided through ASPPA, the American Society for Pension Profesionals and Actuaries.