On October 18, 2007, the Internal Revenue Service announced cost-of-living adjustments applicable to dollar limitations for pension plans and other items for tax year 2008.  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	2007	2008
401(k) Deferrals	15,500	15,500
401(k) Catch-Up Deferrals (Age 50+)	5,000	5,000
SIMPLE Deferrals	10,500	10,500
SIMPLE Catch-Up Deferrals (Age 50+)	2,500	2,500
DC Plan Contribution Limit (Section 415)	45,000	46,000
Plan Compensation Limit	225,000	230,000
HCE Compensation Limit	100,000	105,000
SS Taxable Wage Base	97,500	102,000