The IRS recently announced the following retirement plan limits for 2012
| Retirement Plan Limits | 2012 | 2011 |
| 401(k), 403(b), 457(b) employee contributions | $17,000 | $16,500 |
| Catch-up Contributions (Age 50 or older) | $5,500 | $5,500 |
| Defined Contribution Plan Annual Contribution Limit | $50,000 | $49,000 |
| Defined Benefit Plan Annual Benefit Limit | $200,000 | $195,000 |
| Annual Compensation Limit | $250,000 | $245,000 |
| Highly Compensated Employee | $115,000 | $110,000 |
| Key Employee Officer Compensation Threshold | $165,000 | $160,000 |
| IRAs for people age 49 and younger | $5,000 | $5,000 |
| IRAs for people age 50 and older | $6,000 | $6,000 |
| SIMPLE Retirement Accounts | $11,500 | $11,500 |