 |
|
|
|
| |
|
|
| |
2008 |
2007 |
2006 |
2005 |
Section 401(k) plan
deferrals |
$15,500 |
$15,500 |
$15,000 |
$14,000 |
Section 403(b) plan
deferrals |
$15,500 |
$15,500 |
$15,000 |
$14,000 |
Catch Up
Contributions |
$5,000 |
$5,000 |
$5,000 |
$4,000 |
Defined benefit
maximum |
$185,000 |
$180,000 |
$175,000 |
$170,000 |
Defined contribution
maximum |
$46,000 |
$45,000 |
$44,000 |
$42,000 |
Maximum compensation
limit |
$230,000 |
$225,000 |
$220,000 |
$210,000 |
Highly Compensated
Employee Pay threshold |
$105,000 |
$100,000 |
$100,000 |
$95,000 |
| Cost-of-Living increase |
3.6% |
3.3% |
4.1% |
2.7% |
Social Security/Medicare Levels
| Taxable Wage Base |
|
2008 |
2007 |
2006 |
2005 |
| Social Security |
$102,000 |
$97,500 |
$94,200 |
$90,000 |
| Medicare |
No Limit |
No Limit |
No Limit |
No Limit |
|
| Employer and Employee Payroll Tax |
|
2008 |
2007 |
2006 |
2005 |
| Social Security |
6.20% |
6.20% |
6.20% |
6.20% |
| Medicare |
1.45% |
1.45% |
1.45% |
1.45% |
|
|
|
|
|
