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2012 Limitations for Qualified Pension Plans

November 2011


The 2012 annual cost-of-living adjustments to certain benefit limitations applicable to tax-qualified employee pension plans under the Internal Revenue Code were released by the Internal Revenue Service on October 20, 2011. The limitations for 2012 are set forth below. View a chart summarizing the limits for 2005 through 2012.


Code Section

2012

401(a)17/
404(1) Annual Compensation

$250,000

402(g)(1)
Elective 401(k)
Deferrals

$17,000

408(k)(2)(C)
SEP Minimum
Compensation

$550

408(k)(3)(C)
SEP
Maximum
Compensation

$250,000

408(p)(2)(E)
SIMPLE
Maximum
Contributions

$11,500

409(o)(1)(C)
ESOP Limits

$1,015,000$200,000

414(q)(1)(B)
HCE
Threshold

$115,000

414(v)(2)(B)(i)
Catch-up
Contributions

$5,500

414(v)(2)(B)(ii)
Catch-up
Contributions

$2,500

415(b)(1)(A)
DB Limits

$200,000

415(c)(1)(A)
DC Limits

$50,000

416(i)(1)(A)(i)
Key Employee

$165,000

457(e)(15)
Deferral Limits

$17,000


FORTUNE 500
Go-To Firm

OK