Cola Index - AutomatedPensions.com
Cola Index
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Updated: 23/Feb/06 12:03:04
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COLA Indexing of Limits

Cost-of-Living Adjustments (COLAs) are applied each year to most of the dollar-limits and amounts that are specified in the law (IRC) concerning various aspects of pension plans. These COLAs are specified by law in relation to certain economic indexes. Rounding of the inexed values is also specified (such as to the next lower $5,000 increment). Here are some of the common annual limits (click the more info links for discussion of how these are applied):

Calendar
Year
Defined
Benefit Plans:
Maximum
Annual
Retirement
Benefit
Defined
Contribution
Plans:
Maximum
Annual
Contribution
Maximum 401(k)
Deferral
Annual
Compensation
Limit
Compensation
For Highly
Compensated
Employee
(more info)
Compensation
For an
Officer Key
Employee
(more info)
Taxable
Wage
Base
Standard
Deferral
Over 50
Catch-up
Deferral
2007 180,000 45,000 15,500 5,000 225,000 100,000 145,000 97,500
2006 175,000 44,000 15,000 5,000 220,000 100,000 140,000 94,200
2005 170,000 42,000 14,000 4,000 210,000 95,000 135,000 90,000
2004 165,000 41,000 13,000 3,000 205,000 90,000 130,000 87,900
2003 160,000 40,000 12,000 2,000 200,000 90,000 130,000 87,000
2002 160,000 40,000 11,000 1,000 200,000 90,000 130,000 84,900
2001 140,000 35,000 10,500 N/A 170,000 85,000
80,400
2000 135,000 30,000 10,500   170,000 85,000
76,200
1999 130,000 30,000 10,000   160,000 80,000
72,600
1998 130,000 30,000 10,000   160,000 80,000
68,400
1997 125,000 30,000 9,500   160,000 80,000
65,400
1996 120,000 30,000 9,500   150,000 100,000
62,700
1995 120,000 30,000 9,240   150,000 100,000
61,200
1994 118,800 30,000 9,240   150,000 99,000
60,600
1993 115,641 30,000 8,994   235,840 96,368
57,600
1992 112,221 30,000 8,728   228,860 93,518
55,500
1991 108,963 30,000 8,475   222,220 90,803
53,400
1990 102,582 30,000 7,979   209,200 85,485
51,300
1989 98,064 30,000 7,627   200,000 81,720
48,000
1988 94,023 30,000 7,313     78,353
45,000
1987 90,000 30,000 7,000     75,000
43,800

Note that this table reflects various law-changes through the years, which account for the sharp changes at several points.