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IRS COLA Adjustments to Retirement Plan Limitations

 

Maximum Dollar Limits

 Benefit Limit 2010 2009 2008 2007 2006
 401(k) & 403(b) Elective Deferrals

$16,500

$16,500

$15,500

$15,500

$15,000
 Catch-up Elective Deferrals

$5,500

$5,500

$5,000

$5,000

$5,000
 Defined Benefit Plan Benefit

$195,000

$195,000

$185,000

$180,000

$175,000
 Defined Contribution Plan Contribution

$49,000

$49,000

$46,000

$45,000

$44,000
 Annual Compensation Limit

$245,000

$245,000

$230,000

$225,000

$220,000

 Highly Compensated Employee

$110,000

$110,000

$105,000

$100,000

$100,000
 SIMPLE Plan Deferral

$11,500

$11,500

$10,500

$10,500

$10,000
 SIMPLE Plan Catch-up Elective Deferrals

$2,500

$2,500

$2,500

$2,500

$2,500
 SEP Coverage

$550

$550

$500

$500

$450
 SEP Compensation

$245,000

$245,000

$230,000

$225,000

$220,000

 Tax Credit ESOP Maximum Balance

$985,000

$985,000

$935,000

$915,000

$885,000
 Social Security Taxable Wage Base

$106,800

$106,800

$102,000

$97,500

$94,200