On October 20, 2011, the Internal Revenue Service announced cost-of-living adjustments applicable to dollar limitations for pension plans and other items for tax year 2012.  We have presented a few of the more important plan limits below. For more information, please visit the IRS website or contact us at 1-800-594-7700.

Description	2011	2012
401(k) Deferrals	16,500	17,000
401(k) Catch-Up Deferrals (Age 50+)	5,500	5,500
SIMPLE Deferrals	11,500	11,500
SIMPLE Catch-Up Deferrals (Age 50+)	2,500	2,500
DC Plan Contribution Limit (Section 415)	49,000	50,000
Plan Compensation Limit	245,000	250,000
HCE Compensation Limit	110,000	115,000
SS Taxable Wage Base	106,800	110,100

Past Articles

• November 3rd, 2010 - IRS Announces Plan Limits for 2011
   
• November 5th, 2009 - 2010 Plan Contribution Limits
   
• July 22nd, 2009 - What’s going on in Washington with 401(k)?
   
• January 13th, 2009 - Heard Anything About The Stock Market Lately?
   
• October 17th, 2008 - 2009 Plan Contribution Limits
   
• August 15th, 2008 - Retirement Plan Fee Disclosure Updates
   
• August 8th, 2008 - 2008 Plan Contribution Limits
   
• July 30th, 2007 - Auto Enrollment Significantly Impacts Retirement Plans
   
• July 5th, 2007 - Monitoring What Matters! Legislation Made Real
   
• March 26th, 2007 - IRS Offers Additional Guidance Regarding PPA 2006
   
• January 15th, 2007 - Legislative Update Preparing for 2007
   
• December 22nd, 2006 - INWEST ANNOUNCES Holiday Hours & Business Expansion
   
• November 7th, 2006 - 2007 Plan Contribution Limits
   
• September 26th, 2006 - President Bush Signs Pension Protection Act of 2006