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Retirement Plan Limits

The following chart illustrates the cost of living adjustments to dollar limits under Employee Benefit Plans:

Type of Limitation 2012 2011 2010 2009
Defined Contribution
Maximum Contribution
$50,000 $49,000 $49,000 $49,000
Defined Benefit Maximum Benefit $200,000 $195,000 $195,000 $195,000
Annual Compensation Limit $250,000 $245,000 $245,000 $245,000
Elective Deferrals
(401(k), 403(b), etc.) / Catch-Up Contributions
$17,000/
$5,500
$16,500 / $5,500 $16,500 / $5,500 $16,500 / $5,500
457 Plan Limits / Catch-Up Contributions $17,000 / $5,500 $16,500 / $5,500 $16,500 / $5,500 $16,500 / $5,500
SIMPLE Retirement Accounts / Catch-Up Contributions $11,500 / $2,500 $11,500 / $2,500 $11,500 / $2,500 $11,500 / $2,500
Highly Compensated $115,000 $110,000 $110,000 $110,000
Social Security
Taxable Wage Base
$110,100 $106,800 $106,800 $106,800