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RETIREMENT PLAN LIMITS FOR 2006The annual defined contribution benefit limit increases from $42,000 to $44,000, and the annual compensation limit increases from $210,000 to $220,000 for 2006. The annual per participant limit on 401(k), 403(b) and 457 plan contributions increases from $14,000 to $15,000, and the maximum "catch-up" contributions for individuals age 50 and over increases from $4,000 to $5,000. The limitation for the definition of "highly compensated employee" increases from $95,000 in annual compensation to $100,000, and the annual compensation threshold for key employees increases to $140,000 from $135,000. The limit on the annual benefit payable under a defined benefit plan increases from $170,000 to $175,000. Andrew
S. Williams
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