Retirement plan limitations.
| Position | Fast Tax Facts 2002 - Brief Article |
RETIREMENT PLAN LIMITATIONS 2001 2002 Maximum 401(k)/403(b) Deferral $10,500 $11,000 Maximum Defined Contribution Plan Contribution 35,000 40,000 Maximum Annual Benefit for Defined Benefit Plans 140,000 160,000 Annual Compensation Limit for Computing Plan Benefits 170,000 200,000 Annual Compensation Limit for the Definition of Highly Compensated Employee Sec. 414(q)(1) 85,000 90,000 Compensation Minimum for SEP coverage 450 450 Maximum...
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