Posted on October 18, 2007 by Greg Herman-Giddens

2008 Pension Limits Announced by IRS

Maximum deferral limits for 401(k) and 457 plans remain at $15,500.  The limit for defined contribution plan increases to $46,000, while the SIMPLE limit is $10,500.  See IRS News Release IR-2007-171 for full details.

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