The IRS today announced 2007 cost-of-living adjustments to dollar limitations for qualified retirement plans. Here are the highlights:
| Highly Compensated Employee Definition | $100,000 |
| Annual Compensation Limit | $225,000 |
| 401(k) Contribution Limit | $15,500 |
| Annual Defined Contribution Limit | $45,000 |
| Annual Defined Benefit Limit | $180,000 |
Click here for the full IRS announcment.
