Facts and Figures
| IRC Limits (Rounded) | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 |
| 401(k) plan elective deferral limit | $16,500 | $16,500 | $16,500 | $15,500 | $15,500 | $15,000 | $14,000 | $13,000 |
| Eligible 457 plan deferral limit | 16,500 | 16,500 | 16,500 | 15,500 | 15,500 | 15,000 | 14,000 | 13,000 |
| 415 defined benefit maximum annuity | 195,000 | 195,000 | 195,000 | 185,000 | 180,000 | 175,000 | 170,000 | 165,000 |
| 415 defined contribution maximum annual addition | 49,000 | 49,000 | 49,000 | 46,000 | 45,000 | 44,000 | 42,000 | 41,000 |
| 401(a)(17) and 408(k)(3)(C) compensation limit | 245,000 | 245,000 | 245,000 | 230,000 | 225,000 | 220,000 | 210,000 | 205,000 |
| Highly compensated employee threshold | 110,000 | 110,000 | 110,000 | 105,000 | 100,000 | 100,000 | 95,000 | 90,000 |
| Social Security | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 |
| Cost-of-living increase | 0.0% | 0.0% | 5.8% | 2.3% | 3.3% | 4.1% | 2.7% | 2.1% |
| OASDI contribution and benefit base (wage base) | 106,800 | 106,800 | 106,800 | 102,000 | 97,500 | 94,200 | 90,000 | 87,900 |
| Maximum monthly social security benefit worker retiring in January at age 65 | 2,249 | 2,191 | 2,172 | 2,030 | 1,998 | 1,961 | 1,874 | 1,784 |
|
PIA formula |
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|
1st bend point |
749 | 761 | 744 | 711 | 680 | 656 | 627 | 612 |
|
2nd bend point |
4,517 | 4,586 | 4,483 | 4,288 | 4,100 | 3,955 | 3,779 | 3,689 |
| FICA tax rates | ||||||||
OASDI employer and employee |
6.20% | 6.20% | 6.20% | 6.20% | 6.20% | 6.20% | 6.20% | 6.20% |
HI employer and employee |
1.45% | 1.45% | 1.45% | 1.45% | 1.45% | 1.45% | 1.45% | 1.45% |
OASDI self-employed |
12.40% | 12.40% | 12.40% | 12.40% | 12.40% | 12.40% | 12.40% | 12.40% |
HI self-employed |
2.90% | 2.90% | 2.90% | 2.90% | 2.90% | 2.90% | 2.90% | 2.90% |
Medicare Premiums and Deductibles |
2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 |
Part A - Hospital Insurance |
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Inpatient hospital deductible |
$1,132 | $1,100 | $1,068 | $1,024 | $992.00 | $952.00 | $912.00 | $876.00 |
Coinsurance |
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Daily coinsurance payment for 61-90 days of inpatient hospital care |
283.00 | 275.00 | 267.00 | 256.00 | 248.00 | 238.00 | 228.00 | 219.00 |
Coinsurance for up to 60 lifetime reserve days |
566.00 | 550.00 | 534.00 | 512.00 | 496.00 | 476.00 | 456.00 | 438.00 |
Daily coinsurance payment for 21-100 days in a skilled nursing facility following a hospital stay of at least three days |
141.50 | 137.50 | 133.50 | 128.00 | 124.00 | 119.00 | 114.00 | 109.50 |
Voluntary premium for persons not eligible for monthly benefits |
450.00 | 461.00 | 443.00 | 423.00 | 410.00 | 393.00 | 375.00 | 343.00 |
Alternative reduced premium for persons with 30-39 credits |
248.00 | 254.00 | 244.00 | 233.00 | 226.00 | 216.00 | 206.00 | 189.00 |
| Part B - Medical Insurance | ||||||||
| Annual deductible | 162.00 | 155.00 | 135.00 | 135.00 | 131.00 | 124.00 | 110.00 | 100.00 |
| Monthly premium | 115.40 | 110.50 | 96.40 | 96.40 | 93.50 | 88.50 | 78.20 | 66.60 |
|
Part D -
Drug |
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| Deductible | 310 | 310 | 295 | 275 | 265 | 250 | - | - |
|
25% co-pay up to coverage limit of: |
2,840 | 2,830 | 2,700 | 2,510 | 2,400 | 2,250 | - | - |
| 100% co-pay up to coverage limit of: | 6,447.50 | 6,440.00 | 6,153.75 | 5,726.25 | 5,451.25 | 5,100 | - | - |
| 5% co-pay after out-of-pocket of: | 4,550 | 4,550 | 4,350 | 4,050 | 3,850 | 3,600 | - | - |
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