2011 IRS Pension Limits and Social Security Wage Base

The IRS just published the retirement plan limits for 2011.  Most of the limits for retirement plans are unchanged – again.  They’re the same as 2009 and 2010:

Maximum annual pension plan benefit

$195,000

Maximum annual addition for defined contribution plans

49,000

Maximum 401(k) elective deferral

16,500

Maximum catchup contribution (age 50 and over)

5,500

Highly compensated employee (HCE) threshold

110,000

Maximum annual recognized compensation

245,000

The Social Security wage base will also stay the same as 2009 and 2010, at $106,800.

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