{"id":6342,"date":"2011-10-19T18:10:06","date_gmt":"2011-10-19T22:10:06","guid":{"rendered":"https:\/\/old.visionpayroll.com\/kb\/?page_id=6342"},"modified":"2014-04-24T09:45:00","modified_gmt":"2014-04-24T13:45:00","slug":"important-facts-and-figures-2008-2010","status":"publish","type":"page","link":"https:\/\/old.visionpayroll.com\/kb\/important-facts-and-figures-2008-2010\/","title":{"rendered":"Important Facts and Figures 2008-2010"},"content":{"rendered":"

Important Facts and Figures 2008-2010<\/h2>\n\n\n\n\t\n\t\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t
<\/th>2010<\/th>2009<\/th>2008<\/th>\n\t<\/tr>\n<\/thead>\n
\u00a7401(k), \u00a7403(b), \u00a7457(e)(15) Annual Deferral Limit<\/td>$16,500 <\/td>$16,500 <\/td>$15,500 <\/td>\n\t<\/tr>\n\t
\u00a7401(k), \u00a7403(b), \u00a7457(e)(15) Age 50 Catch-Up Deferral <\/td>$5,500 <\/td>$5,500 <\/td>$5,000 <\/td>\n\t<\/tr>\n\t
Deferred Contribution Compensation Limit<\/td>$245,000 <\/td>$245,000 <\/td>$230,000 <\/td>\n\t<\/tr>\n\t
Deferred Contribution Combined Limit<\/td>$49,000 <\/td>$49,000 <\/td>$46,000 <\/td>\n\t<\/tr>\n\t
Social Security Wage Limit<\/td>$106,800 <\/td>$106,800 <\/td>$102,000 <\/td>\n\t<\/tr>\n\t
Social Security Maximum Withholding<\/td>$6,621.60 <\/td>$6,621.60 <\/td>$6,324.00 <\/td>\n\t<\/tr>\n\t
Social Security Employer Maximum<\/td>$6,621.60<\/td>$6,621.60<\/td>$6,324.00 <\/td>\n\t<\/tr>\n\t
SIMPLE Plan Deferral Limit<\/td>$11,500 <\/td>$11,500 <\/td>$10,500 <\/td>\n\t<\/tr>\n\t
SIMPLE Plan Age 50 Catch-Up Deferral<\/td>$2,500 <\/td>$2,500 <\/td>$2,500 <\/td>\n\t<\/tr>\n\t
IRA Contribution Limit<\/td>$5,000 <\/td>$5,000 <\/td>$5,000 <\/td>\n\t<\/tr>\n\t
IRA Age 50 Catch-Up Contribution<\/td>$1,000 <\/td>$1,000 <\/td>$1,000 <\/td>\n\t<\/tr>\n\t
Highly Compensated Employee<\/td>$110,000 <\/td>$110,000 <\/td>$105,000 <\/td>\n\t<\/tr>\n\t
Key Employee in a Top-Heavy Plan<\/td>$160,000 <\/td>$160,000 <\/td>$150,000 <\/td>\n\t<\/tr>\n\t
Control Employee for Reg. \u00a71.61-21(f)(5)(i)<\/td>$95,000 <\/td>$95,000 <\/td>$90,000 <\/td>\n\t<\/tr>\n\t
Control Employee for Reg. \u00a71.61-21(f)(5)(iii)<\/td>$195,000 <\/td>$195,000 <\/td>$185,000 <\/td>\n\t<\/tr>\n\t
Business Mileage Rate (January 1 - June 30)<\/td>$0.50<\/td>$0.55<\/td>$0.505<\/td>\n\t<\/tr>\n\t
Business Mileage Rate (July 1 - December 31)<\/td>$0.50<\/td>$0.55<\/td>$0.585<\/td>\n\t<\/tr>\n\t
SEP Compensation Threshold<\/td>$550<\/td>$550<\/td>$500<\/td>\n\t<\/tr>\n\t
Federal Hourly Minimum Wage (Effective July 24)<\/td>$7.25<\/td>$7.25<\/td>$6.55<\/td>\n\t<\/tr>\n\t
Health Savings Account (HSA) Self-Only Coverage Contribution<\/td>$3,050 <\/td>$3,000 <\/td>$2,900 <\/td>\n\t<\/tr>\n\t
HSA Self-Only Out-of-Pocket Maximum<\/td>$5,950 <\/td>$5,800 <\/td>$5,600 <\/td>\n\t<\/tr>\n\t
HSA Self-Only Minimum Deductible<\/td>$1,200 <\/td>$1,150 <\/td>$1,100 <\/td>\n\t<\/tr>\n\t
HSA Family Coverage Contribution<\/td>$6,150 <\/td>$5,950 <\/td>$5,800 <\/td>\n\t<\/tr>\n\t
HSA Family Coverage Out-of-Pocket Maximum<\/td>$11,900 <\/td>$11,600 <\/td>$11,200 <\/td>\n\t<\/tr>\n\t
HSA Family Minimum Deductible<\/td>$2,400 <\/td>$2,300 <\/td>$2,200 <\/td>\n\t<\/tr>\n\t
HSA Age 55 Catch-Up Contribution<\/td>$1,000 <\/td>$1,000 <\/td>$900<\/td>\n\t<\/tr>\n\t
Medical Savings Account (MSA) Self-Only Deductible Minimum<\/td>$2,000 <\/td>$2,000 <\/td>$1,950 <\/td>\n\t<\/tr>\n\t
MSA Self-Only Deductible Maximum<\/td>$3,000 <\/td>$3,000 <\/td>$2,900 <\/td>\n\t<\/tr>\n\t
MSA Self-Only Out-of-Pocket Maximum<\/td>$4,050 <\/td>$4,000 <\/td>$3,850 <\/td>\n\t<\/tr>\n\t
MSA Family Deductible Minimum<\/td>$4,050 <\/td>$4,000 <\/td>$3,850 <\/td>\n\t<\/tr>\n\t
MSA Family Deductible Maximum<\/td>$6,050 <\/td>$6,050 <\/td>$5,800 <\/td>\n\t<\/tr>\n\t
MSA Family Out-of-Pocket Maximum<\/td>$7,400 <\/td>$7,350 <\/td>$7,050 <\/td>\n\t<\/tr>\n\t
Monthly Transit Pass Maximum Fringe Benefit Exclusion January-February<\/td>$230<\/td>$120<\/td>$115<\/td>\n\t<\/tr>\n\t
Monthly Transit Pass Maximum Fringe Benefit Exclusion March-December<\/td>$230<\/td>$230<\/td>$115<\/td>\n\t<\/tr>\n\t
Monthly Qualified Parking Maximum Fringe Benefit Exclusion<\/td>$230<\/td>$230<\/td>$220<\/td>\n\t<\/tr>\n\t
Monthly Qualified Bicycle Commuting Maximum Fringe Benefit Exclusion<\/td>$20<\/td>$20<\/td>$-<\/td>\n\t<\/tr>\n<\/tbody>\n<\/table>\n\n

See also Important Facts and Figures 2013-2015.<\/a><\/p>\n

See also Important Facts and Figures 2011-2013.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

See also Important Facts and Figures 2013-2015. See also Important Facts and Figures 2011-2013.<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"page-nosidebar.php","meta":[],"_links":{"self":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/pages\/6342"}],"collection":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/comments?post=6342"}],"version-history":[{"count":8,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/pages\/6342\/revisions"}],"predecessor-version":[{"id":7287,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/pages\/6342\/revisions\/7287"}],"wp:attachment":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/media?parent=6342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}