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.