2012 Retirement Plan limits

1. Type of Limitation 2012 2011 2010 2009 2008 2007
Elective deferral limit (401(k) and
403(b) Plans; Not including Catch-up
Contributions $17,000 $16,500 $16,500 $16,500 $15,500 $15,500
Catch-Up Contribution Limit (401(k)
and 403(b) Plans) $5,500 $5,500 $5,500 $5,500 $5,000 $5,000
Elective Deferral Limit (SIMPLE Plans) $11,500 $11,500 $11,500 $11,500 $10,500 $10,500
Catch-Up Contribution Limit (SIMPLE
Plans) $2,500 $2,500 $2,500 $2,500 $2,500 $2,500
Defined Benefit Plan Limit $195,000 $195,000 $195,000 $195,000 $185,000 $180,000
Defined Contribution Plan Limit $50,000 $49,000 $49,000 $49,000 $46,000 $45,000
Annual Compensation Limit $250,000 $245,000 $245,000 $245,000 $230,000 $225,000
Key Employee Threshold $160,000 $160,000 $160,000 $160,000 $150,000 $145,000
Highly Compensated Employee
Threshold $115,000 $110,000 $110,000 $110,000 $105,000 $100,000
IRA Contribution Limit $5,000 $5,000 $5,000 $5,000 $5,000 $4,000
IRA Catch-Up Contribution Limit $1,000 $1,000 $1,000 $1,000 $1,000 $1,000
SEP Minimum Compensation $550 $550 $550 $550 $500 $500
SEP Maximum Compensation $250,000 $245,000 $245,000 $245,000 $230,000 $225,000
Income Subject to Social Security Tax $106,800 $106,800 $106,800 $106,800 $102,000 $97,500
Michael Foreman CFP©, CEBS©, CRPC©
Game Plan Retirement
8755 W. Higgins Road suite 200, Chicago, Il 60647
Phone: 773.635.0001 x 9
Fax: 773.442.0930
Toll Free: 877.401.k411 x 9
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