2007 Annual Limits Relating to Financial Planning – Employer Retirement Plans

Elective deferrals for 401(k), 403(b), 457, and SARSEPs $15,500
401(k), 403(b), 457 Catch-Up Contribution $5,000
Defined Contribution Plan Limit $45,000
Maximum Annual Defined Benefit Limit $180,000
SIMPLE IRA and SIMPLE 401(k) Contribution $10,500
SIMPLE IRA and SIMPLE 401(k) Catch-Up Contribution $2,500
Maximum Includable Compensation $225,000
Highly Compensated Employee $100,000
Key Employee (top-heavy plan) $145,000
SEP Minimum Earnings Limit $500
PBGC maximum Monthly Benefit $4,125.00

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