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A Better Partnership


Dec 2012
December 04, 2012

Key Benefit Plan Limits for 2013

The IRS recently released its 2013 employee benefits limitations for retirement plans. Earlier this year the IRS issued the 2013 HSA/HDHP adjustments and the Social Security Administration issued the 2013 taxable wage base. The following chart lists common limitations relevant for many employers.

Limitation 2013 2012
Retirement Plans    
Qualified Retirement Plans
  • Annual compensation limit


Defined Benefit Plans
  • Annual benefit limit


Defined Contribution Plans
  • Annual additions limit


Catch-Up Contributions Limits
  • 401(k), 403(b), 457(b)
  • SIMPLE plan


Highly Compensated Employee $115,000 $115,000
Annual Deferral Limits
  • 401(k), 403(b), 457(b)
  • SIMPLE plan


IRA Contribution Limit $5,500 $5,000
Social Security    
Social Security Wage Base $113,700 $110,100
Annual Minimum Deductible
  • Single
  • Family


Annual Out-of-Pocket Maximum
  • Single
  • Family


Annual Contribution Limit
  • Single
  • Family


Catch-Up Contribution Limit $1,000 $1,000

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