{"id":4310,"date":"2010-10-31T00:01:39","date_gmt":"2010-10-31T04:01:39","guid":{"rendered":"https:\/\/old.visionpayroll.com\/kb\/?p=4310"},"modified":"2010-11-02T13:35:27","modified_gmt":"2010-11-02T17:35:27","slug":"irs-announces-401k-403b-and-457e15-deferral-limits-for-2011","status":"publish","type":"post","link":"https:\/\/old.visionpayroll.com\/kb\/2010\/10\/irs-announces-401k-403b-and-457e15-deferral-limits-for-2011\/","title":{"rendered":"IRS Announces 401(k), 403(b), and 457(e)(15) Deferral Limits for 2011"},"content":{"rendered":"<div class=\"img alignright size-medium wp-image-4312\" style=\"width:200px;\">\r\n\t<a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/10\/Women-Meeting-in-office.jpg\"><img src=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/10\/Women-Meeting-in-office-200x300.jpg\" alt=\"IRS Announces 401(k), 403(b), and 457(e)(15) Deferral Limits for 2011\" width=\"200\" height=\"300\" \/><\/a>\r\n\t<div>IRS Announces 401(k), 403(b), and 457(e)(15) Deferral Limits for 2011<\/div>\r\n<\/div>In <a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/10\/ir-2010-108.pdf\" target=\"_blank\">IR-2010-108<\/a>, the Internal Revenue Service (IRS) announced the limits on deferral contributions for 2011 under <a href=\"http:\/\/frwebgate.access.gpo.gov\/cgi-bin\/getdoc.cgi?dbname=browse_usc&amp;docid=Cite:+26USC401\" target=\"_blank\">\u00a7<\/a><a href=\"http:\/\/frwebgate.access.gpo.gov\/cgi-bin\/getdoc.cgi?dbname=browse_usc&amp;docid=Cite:+26USC401\" target=\"_blank\">401(k)<\/a>, <a href=\"http:\/\/frwebgate.access.gpo.gov\/cgi-bin\/getdoc.cgi?dbname=browse_usc&amp;docid=Cite:+26USC403\" target=\"_blank\">\u00a7403(b)<\/a>, and <a href=\"http:\/\/frwebgate.access.gpo.gov\/cgi-bin\/getdoc.cgi?dbname=browse_usc&amp;docid=Cite:+26USC457\" target=\"_blank\">\u00a7457(e)(15)<\/a>. These limitations are codified in those sections of the Internal Revenue Code of 1986 (IRC). Under <a href=\"http:\/\/frwebgate.access.gpo.gov\/cgi-bin\/getdoc.cgi?dbname=browse_usc&amp;docid=Cite:+26USC415\" target=\"_blank\">IRC \u00a7415<\/a>, the Commissioner of the IRS is required to adjust the plan limitations to keep pace with inflation.<\/p>\n<p><strong>2011 Contribution Limits Remains Unchanged<\/strong><\/p>\n<p>For 2011, the deferral contribution limitation will remain at $16,500. The age 50 and over catch-up contribution will remain at $5,500 for 2011 for individuals who plan to reach age 50 before the end of 2011.<\/p>\n<p><strong>Contact Vision Payroll for More Information on 2011 Retirement Plan Changes<\/strong><\/p>\n<p>Contact <a href=\"mailto:info@visionpayroll.com\" target=\"_blank\">Vision Payroll<\/a> if you have questions on changes to the 2011 Retirement Plan Contribution and Compensation Limitations or get further information at <a href=\"https:\/\/old.visionpayroll.com\/kb\/important-facts-and-figures\/\" target=\"_blank\">Important Facts and Figures<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IRS Announces 401(k), 403(b), and 457(e)(15) Deferral Limits for 2011 In IR-2010-108, the Internal Revenue Service (IRS) announced the limits on deferral contributions for 2011 under \u00a7401(k), \u00a7403(b), and \u00a7457(e)(15). These limitations are codified in those sections of the Internal Revenue Code of 1986 (IRC). Under IRC \u00a7415, the Commissioner of the IRS is required [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[425,1064,10,423,424,426,418,427,321,1396],"_links":{"self":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/4310"}],"collection":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/types\/post"}],"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=4310"}],"version-history":[{"count":4,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/4310\/revisions"}],"predecessor-version":[{"id":4334,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/4310\/revisions\/4334"}],"wp:attachment":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/media?parent=4310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/categories?post=4310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/tags?post=4310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}