Cash Balance Plans | 2012 Contributions Limits 

When a business owner or professional partner wants a higher tax deduction / contribution than the 401(k) Profit Sharing limit of $50,000, Cash Balance Plans may be the ideal solution.

As outlined in the table below, the Cash Balance limits are much higher than 401(k) Profit Sharing limits.

 

Age

401(k) Only

401(k) with Profit Sharing

Cash Balance

Total

65

$22,500

$55,500

$200,000

$255,500

64

$22,500

$55,500

$205,000

$260,500

63

$22,500

$55,500

$209,000

$264,500

62

$22,500

$55,500

$214,000

$269,500

61

$22,500

$55,500

$203,000

$258,500

60

$22,500

$55,500

$192,000

$247,500

59

$22,500

$55,500

$182,000

$237,500

58

$22,500

$55,500

$173,000

$228,500

57

$22,500

$55,500

$164,000

$219,500

56

$22,500

$55,500

$155,000

$210,500

55

$22,500

$55,500

$147,000

$202,500

54

$22,500

$55,500

$139,000

$194,500

53

$22,500

$55,500

$132,000

$187,500

52

$22,500

$55,500

$125,000

$180,500

51

$22,500

$55,500

$119,000

$174,500

50

$22,500

$55,500

$112,000

$167,500

49

$17,000

$50,000

$107,000

$151,000

48

$17,000

$50,000

$101,000

$146,000

47

$17,000

$50,000

$96,000

$141,000

46

$17,000

$50,000

$91,000

$136,000

45

$17,000

$50,000

$86,000

$131,000

44

$17,000

$50,000

$81,000

$127,000

43

$17,000

$50,000

$77,000

$127,000

42

$17,000

$50,000

$73,000

$123,000

41

$17,000

$50,000

$69,000

$119,000

40

$17,000

$50,000

$66,000

$116,000

39

$17,000

$50,000

$62,000

$112,000

38

$17,000

$50,000

$59,000

$109,000

37

$17,000

$50,000

$56,000

$106,000

36

$17,000

$50,000

$53,000

$103,000

35

$17,000

$50,000

$50,000

$100,000

34

$17,000

$50,000

$47,000

$97,000

33

$17,000

$50,000

$45,000

$95,000

32

$17,000

$50,000

$43,000

$93,000

31

$17,000

$50,000

$40,000

$90,000