Legislative Updates

We recognize the need to keep you informed on legislative updates as they happen.  This page provides you with a sampling of these updates.  Please contact us for detailed information.

 

Cost-of-Living Adjustments to Dollar Limits Under Employee Plans

 

Item

2004

2005

Defined Contribution

$41,000

$42,000

401(k)/403(b)/Catch-Up Contributions

$13,000/$3,000

$14,000/$4,000

457 Deferrals/Catch-Up Contributions

$13,000/$3,000

$14,000/$4,000

Highly Compensated Employee

$90,000

$95,000

Key Employee-Officer

$130,000

$130,000

Social Security Taxable Wage Base

$87,900

$90,000

 

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