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2006 Qualified Plan Limits
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Description
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2005
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2006
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| 401(k) and 403(b) elective deferral limit |
$14,000 |
$15,000 |
| Catch up contributions |
$4,000 |
$5,000 |
| 457 deferral limit |
$14,000 |
$15,000 |
| Annual compensation limit |
$210,000 |
$220,000 |
| Maximum pension |
$170,000 |
$175,000 |
| Annual contribution limit under a defined contribution plan |
$42,000 |
$43,000 |
| Compensation dollar limit for determining highly compensated employees |
$95,000 |
$100,000 |
| Social Security Taxable Wage Base is increased |
$90,000 |
$94,200 |
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Copyright © 2004 North Central Trust Company |
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