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|
2009 Annual Changes
| |
2008 |
2009 |
| Social Security Taxable Wage Base |
$102,000 |
$106,800 |
| Self Employed Health Insurance Deduction |
100% |
100% |
| Maximum Earnings without loss of S.S. Benefits |
$13,560 |
$14,160 |
| Annual Qualified Plan Limits |
| 401 (k), 403 (b), 457 |
$15,500 |
$16,500 |
| Simple Plans |
$10,500 |
$11,500 |
| 401 (k), 403 (b), 457 Catch up contribution limits |
$ 5,000 |
$ 5,500 |
| Simple Plans Catch up contribution limits |
$ 2,500 |
$ 2,500 |
| Health Savings Account Limits |
| Single Plan Minimum Deductible |
$1,100 |
$1,150 |
| Single Plan Contribution Limit |
$ 1,100 |
$ 1,150 |
| Family Plan Minimum Deductible |
$ 2,900 |
$ 3,000 |
| Family Plan Contribution Limit |
$ 2,200 |
$ 2,300 |
| Catch-Up Contribution (55 or older) |
$ 5,800 |
$ 5,950 |
| |
$ 900 |
$ 1,000 |
|
Standard Mileage Rate |
| Business Mileage |
$0.585 |
$0.55 |
| Charitable Mileage |
$0.14 |
$0.14 |
| Medical and Moving mileage |
$0.27 |
$0.24 |
| Per Diem Rates |
| Travel High Cost Locality |
$237 |
$256 |
| Travel All Other Localities |
$152 |
$158 |
| Meals Only High Cost Locality |
$ 58 |
$ 58 |
| Meals All Other Localities |
$ 45 |
$ 45 |
|
Business Equipment |
| Maximum Section 179 Deduction |
$250,000 |
$133,000 |
|