2010 Retirement Contribution Limits

TYPE OF LIMIT

2010 LIMIT

Defined Contribution Plans

$49,000

Elective Deferrals to 401(k) and 403(b) Plans

$16,500

457(b)(2) and 457(c)1) Limits

$16,500

Catch-Up Deferrals to 401(k), 403(b), 457(b) or SARSEP Plans

$5,500

Defined Benefit Plans

$195,000

Annual Eligible Compensation Limit

$245,000

Highly Compensated Employees

$110,000

Uni-k Plan Deferral Limit Under Age 50

$16,500

Uni-k Plan Deferral Limit Age 50 and Above

$22,000

Uni-k Employer Contribution Limit

$32,500

SIMPLE Retirement Accounts

$11,500

Catch-Up Deferrals to Simple IRA and Simple 401(k)

$2,500

SEP IRA Contribution Limit

$49,000

SEP Minimum Compensation Coverage

$550

Traditional and Roth IRAs for Individuals Age 49 and Under

$5,000

Traditional and Roth IRAs for Individuals 50 and Above

$6,000

AGI Phase-Out Ranges for Roth Contributions (Single)

$105,000–$120,000

AGI Phase-Out Ranges for Roth Contributions (Married Filing Jointly)

$167,000–$177,000

Roth IRA Conversion Rules

Unlimited Modified AGI

Source: IRS News Release IR-2009-94.

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