|
|
|
 |
Annual Plan Limits
|
|
|
Compensation |
$250,000 |
$245,000 |
$245,000 |
$245,000 |
|
Limits on benefits and contributions: |
| |
Defined contribution plans |
$50,000 |
$49,000 |
$49,000 |
$49,000 |
| |
Defined benefit plans |
$200,000 |
$195,000 |
$195,000 |
$195,000 |
| |
401(k), 403(b) and 457 plan elective deferrals |
$17,000 |
$16,500 |
$16,500 |
$16,500 |
| |
SIMPLE plan elective deferrals |
$11,500 |
$11,500 |
$11,500 |
$11,500 |
| |
IRA |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
|
Catch-up contributions: |
| |
401(k), 403(b) and 457 plans |
$5,500 |
$5,500 |
$5,500 |
$5,500 |
| |
SIMPLE plans |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
| |
IRA |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
|
"Highly Compensated" definition |
$115,000 |
$110,000 |
$110,000 |
$110,000 |
|
"Key Employee" definition: |
| |
Officer |
$165,000 |
$160,000 |
$160,000 |
$160,000 |
| |
1% owner |
$150,000 |
$150,000 |
$150,000 |
$150,000 |
| Social Security
Taxable wage base |
$110,100 |
$106,800 |
$106,800 |
$106,800 |
|
Securities and investment advisory services are offered solely
through Ameritas Investment Corp. (AIC). Member FINRA/SIPC.
AIC and PRB Administrators NY are not affiliated. Additional products
and services may be available through
PRB Administrators NY that are not offered through AIC.
A Representative
from PRB Administrators NY will contact you to provide requested
information. Representatives of AIC do not
provide tax or legal advice.
Please consult your tax advisor or attorney regarding your situation.
This is not an offer of securities in any jurisdiction, nor is it
specifically directed to a resident of any jurisdiction. As with any
security, request a prospectus from your registered representative. Read
it carefully before you invest or send money. Securities products are
limited to residents of NY, NJ, CT |
|
