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| Gail
Perry appears every Monday in the Business
Section of the
Indianapolis Star |
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(Fun
with Taxes - IRA Tool Box) |
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Retirement Plan Limits |
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TYPE OF PLAN |
1999 |
2000 |
401(k) & 403(b) Plan salary-deferral limit |
$10,000 |
$10,500 |
Section 457 Plan salary-deferral limit |
$8,000 |
$8,000 |
SIMPLE Plan salary-deferral limit |
$6,000 |
$6,000 |
Defined-Contribution Plan limit |
$30,000 |
$30,000 |
Annual benefit under defined-benefit plan |
$130,000 |
$135,000 |
Maximum compensation that can be taken into account when computing contributions to defined-contribution plans |
$160,000 |
$170,000 |
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Last
Revised: October 07, 2000
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copyright
© 2000 Gail Perry - Fun with Taxes.
All rights
reserved.
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