Smith & Hinckley, P.C.

Back Home Up

      

 

 

    2009 2008
Deferral Limits for Plans    
  IRC 401(k) $16,500 $15,500
  SIMPLE $11,500 $10,500
  IRC 403(b)    
  IRC 457 $16,500  $15,500
Catch-Up Contributions for Participants Age 50 or Older    
  401(k) Plans $5,500 $5,000
  SIMPLE Plans $2,500 $2,500
Qualified Plans - Annual Compensation Limit $245,000 $230,000
Defined Contribution - Maximum Annual Benefit $49,000 $46,000
     
IRA Contribution Limits $5,000 $5,000
Catch-Up Contributions for Participants Age 50 or Older $1,000 $1,000