The Standard website requires Adobe Flash Player (Version 8 or higher). Flash player is a free and fast download available by clicking the Flash logo below.
If you already have Adobe Flash Player version X or higher click here.
This information is provided for informational purposes to The Standard’s clients and is not intended as legal advice.
| Item |
IRC Reference |
2009 Limit |
2010 Limit |
| 401(k) and 403(b) Employee Deferral1 |
402(g)(1) |
$16,500 |
$16,500 |
| 457 Employee Deferral |
457(e)(15) |
$16,500 |
$16,500 |
| Catch-up Contribution2 |
414(v)(2)(B)(i) |
$5,500 |
$5,500 |
| Defined Contribution |
415(c)(1)(A) |
$49,000 |
$49,000 |
| Defined Benefit |
415(b)(1)(A) |
$195,000 |
$195,000 |
| Compensation3 |
401(a)(17); 404(l) |
$245,000 |
$245,000 |
| Highly Compensated Employee Income4 |
414(q)(1)(B) |
$110,000 |
$110,000 |
| Key Employee Officer |
416(i)(1)(A)(i) |
$160,000 |
$160,000 |
| Social Security Taxable Wage Base |
|
$106,800 |
$106,800 |
1 Employee deferrals to all 401(k) and 403(b) plans must be aggregated for purposes of this limit. A lower limit applies to SIMPLE plans.
2 Available to employees age 50 or older during the calendar year. A lower limit applies to SIMPLE plans.
3 All compensation from a single employer (including all members of a controlled group) must be aggregated for purposes of this limit.
4 For the 2010 plan year, an employee who earned more than $110,000 in 2009 is an HCE. For the 2011 plan year, an employee who earns more than $110,000 in 2010 is an HCE.
This information is provided for informational purposes to The Standard’s clients and is not intended as legal advice.
| Item |
IRC Reference |
2009 Limit |
2010 Limit |
| 401(k) and 403(b) Employee Deferral1 |
402(g)(1) |
$16,500 |
$16,500 |
| 457 Employee Deferral |
457(e)(15) |
$16,500 |
$16,500 |
| Catch-up Contribution2 |
414(v)(2)(B)(i) |
$5,500 |
$5,500 |
| Defined Contribution |
415(c)(1)(A) |
$49,000 |
$49,000 |
| Defined Benefit |
415(b)(1)(A) |
$195,000 |
$195,000 |
| Compensation3 |
401(a)(17); 404(l) |
$245,000 |
$245,000 |
| Highly Compensated Employee Income4 |
414(q)(1)(B) |
$110,000 |
$110,000 |
| Key Employee Officer |
416(i)(1)(A)(i) |
$160,000 |
$160,000 |
| Social Security Taxable Wage Base |
|
$106,800 |
$106,800 |
1 Employee deferrals to all 401(k) and 403(b) plans must be aggregated for purposes of this limit. A lower limit applies to SIMPLE plans.
2 Available to employees age 50 or older during the calendar year. A lower limit applies to SIMPLE plans.
3 All compensation from a single employer (including all members of a controlled group) must be aggregated for purposes of this limit.
4 For the 2010 plan year, an employee who earned more than $110,000 in 2009 is an HCE. For the 2011 plan year, an employee who earns more than $110,000 in 2010 is an HCE.
