The IRS has released updated 2012 limits for qualified Retirement Plans

Highlights Include Increases of:

  *  Maximum annual compensation under 401(a)(17) for qualified plans to $250,000
  *  Annual benefit limit for DB plans to $200,000
  *  401(k), 403(b) and 457(b) elective deferrals to $17,000
  *  Total annual DC additions to $50,000
  *  Compensation threshold for HCE to $115,000

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