IRS Retirement Plan Limits
| 2009 | 2010 | |
|---|---|---|
| Maximum Annual §415 Payout at Age 62 from a Defined Benefit Plan* | $195,000 | Unchanged |
| Maximum Annual Contribution to an Individual's Defined Contribution Account under §415(c) | 49,000 | Unchanged |
| Maximum Elective §401(k) and §403(b) Deferrals | 16,500 | Unchanged |
| §457 Deferral Limit |
16,500 | Unchanged |
| §401(k) and §403(b) Catch-Up Limit for Individuals Age 50 and Older |
5,500 | Unchanged |
| Maximum Amount of Annual Compensation that Can Be Taken into Account for Determining Benefits or Contributions under a Qualified Plan | 245,000 | Unchanged |
| §414(q) Test to Identify Highly Compensated Employees | 110,000 | Unchanged |
| Compensation Limit under §401(a)(17) for Public Sector Plans that Were Able to Grandfather the Old Dollar Limit | 360,000 | Unchanged |
| Cost-of-Living Adjustment (COLA) for the 100 Percent-of-Pay Limit under §415 | 5.30% | None |