2008 CONTRIBUTION LIMITS
 

Plans Contribution Salary Deferral Catch-Up
 Traditional IRA $5,000   $1,000
 Roth IRA $5,000   $1,000
 SEP/IRA Employee $46,000 or 25% of pay    
 SEP/IRA Self-Employed Owner $46,000 or 20% of adjusted net earnings    
 SAR/SEP   $15,500 or 25% of pay $5,000
 SIMPLE IRA   $10,500 $2,500
 SIMPLE 401(k)   $10,500 $2,500
 403(b) $46,000 or 100% of pay $15,500 $5,000
 457 $46,000 or 100% of pay $15,500 $5,000
 401(k) $46,000 or 100% of pay $15,500 $5,000
 Individual 401(k) $46,000 or 100% of pay $15,500 $5,000
 Profit Sharing $46,000 or 100% of pay    
 Money Purchase $46,000 or 100% of pay    
 Defined Benefit $185,000 or 100% of pay    
 Education Savings Account $2,000    

 Annual Compensation Limit $230,000
 Annual Gift Tax Exclusion per Individual $12,000
 Estate Tax Exemption Equivalent per Individual $2,000,000
 Gift Tax Exemption Equivalent per Individual $1,000,000
 Social Security Wage Base $102,000
   

2009 CONTRIBUTION LIMITS
 

Plans Contribution Salary Deferral Catch-Up
 Traditional IRA $5,000   $1,000
 Roth IRA $5,000   $1,000
 SEP/IRA Employee $49,000 or 25% of pay    
 SEP/IRA Self-Employed Owner $49,000 or 20% of adjusted net earnings    
 SAR/SEP   $16,500 or 25% of pay $5,500
 SIMPLE IRA   $11,500 $2,500
 SIMPLE 401(k)   $11,500 $2,500
 403(b) $49,000 or 100% of pay $16,500 $5,500
 457 $49,000 or 100% of pay $16,500 $5,500
 401(k) $49,000 or 100% of pay $16,500 $5,500
 Individual 401(k) $49,000 or 100% of pay $16,500 $5,500
 Profit Sharing $49,000 or 100% of pay    
 Money Purchase $49,000 or 100% of pay    
 Defined Benefit $195,000 or 100% of pay    
 Education Savings Account $2,000    

 Annual Compensation Limit $245,000
 Annual Gift Tax Exclusion per Individual $13,000
 Estate Tax Exemption Equivalent per Individual $3,500,000
 Gift Tax Exemption Equivalent per Individual $1,000,000
 Social Security Wage Base $106,800
   

 2010 CONTRIBUTION LIMITS COMING
 

  
   

 

 
 

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