Plan Limits 2008

Qualified Plan Limits
401(k) Elective Deferrals (2008 Calendar Year) $15,500
Catch-Up Contribution Limit $5,000
Defined Contribution Plan Annual Contribution $46,000
(for plan years ending in 2008)
Annual Compensation Limit $230,000
Defined Benefit Plan Annual Benefit Limit $185,000
Taxable Wage Base $102,000
Highly Compensated Employees
compensation of:
Any employee with more than 5% ownership or lineal ascendant or descendant of 5% owner
(current or preceding year)
$105,000
(preceding year)
Key Employees
compensation of:
Any officer $150,000
5% Owner No minimum amount
457(e)(15)
457(e)(15) Elective Deferrals $15,500
SIMPLE Plans
Annual Deferral $10,500
SIMPLE Catch-Up $2,500
SEP
Minimum Compensation $500
Annual Compensation $230,000