Important Retirement Plan Information
2013 Plan Limits | |
401(k), 403(b), 457 Deferral | $17,500 |
401(k), 403(b), 457 Catch-up* | $5,500 |
Maximum Compensation | $255,500 |
DC Plan 415 Contribution | $51,000 |
Social Security Wage Base | $113,700 |
SIMPLE Deferral Limit | $12,000 |
SIMPLE Catch-Up | $2,500 |
HCE Comp Determination | $115,000 |
Top=Heavy Key Employee | $165,000 |
Defined-Benefit 415 Limit | $205,000 |
SEP Minimum Compensation | $550 |
Traditional / Roth IRA | $5,500 |
Traditional / Roth IRA Catch-Up* | $1,00 |
* Available if age 50 or older by December 31st.
Important Due Dates | |
Deposit 401(k)/403(b) salary deferrals | Within 5 business days |
SPD to newly eligible employee | Within 90 days |
Safe Harbor Notice | 30-60-days prior to plan year |
Supplemental Safe Harbor Notice | 30 days prior to plan year end |
Form 5500 | 7 months after plan year |
Form 5588 (5500 extension) | 7 months after plan year |
Form 5500 with extension | 9 ½ months after plan year |
Summary Annual Report | 9 months after plan year |
ADP/ACP Refunds w/o penalty | 2 ½ months after plan year |
1099-R to report distributions | January 31st |