2009 Cost of Living Adjustments for Qualified Retirement Plans
The Internal Revenue Service announced cost-of-living adjustments applicable to dollar limitations for pension plans and other items for tax year 2009.
|
Code Section
|
2009
|
2008
|
2007
|
|
401(a)(17)/404(l) Annual Compensation
|
$245,000
|
$230,000
|
$225,000
|
|
402(g)(l) Elective Deferrals
|
16,500
|
15,500
|
15,500
|
|
408(k)(2)(c) SEP Minimum Compensation
|
550
|
500
|
500
|
|
408(k)(3)(c) WEP Maximum Compensation
|
245,000
|
230,000
|
225,000
|
|
408(p)(2)(E) SIMPLE Maximum Contributions
|
11,500
|
10,500
|
10,500
|
|
409(o)l)(c) ESOP Limits
|
985,000
195,000
|
935,000
185,000
|
915,000
180,000
|
|
414(q)(l)(B) HCE Threshold
|
110,000
|
105,000
|
100,000
|
|
414 (v)(2)(B)(i) Catch-up Contributions
|
5,500
|
5,000
|
5,000
|
|
414 (v)(2)(B)(ii) Catch-up Contributions
|
2,500
|
2,500
|
2,500
|
|
415(b)(l)(A) DB Limits
|
195,000
|
185,000
|
180,000
|
|
415(c)(l)(A) DC Limits
|
49,000
|
46,000
|
45,000
|
|
416(i)(l)(A)(i) Key Employee
|
160,000
|
150,000
|
145,000
|
|
457(e)(l5) Deferral Limits
|
16,500
|
15,500
|
15,500
|
|
1.61.21(f)(5)(i) Control Employee
|
95,000
|
90,000
|
90,0-00
|
|
1.61.21(f)(5)(iii) Control Employee
|
195,000
|
185,000
|
180,000
|
|
TWB
|
106,800
|
102,000
|
97,500
|
Information Courtesy:
