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Aaron Juckett 
President 
CPA, CPC, QPA, QKA 
ESOP Partners LLC 
Phone: 920-659-6000 
Toll Free: 800-837-3112 
Direct: 920-659-6002 
Fax: 866-337-1095 
AJuckett@ESOPPartners.com
ESOPPartners.com 
OneStopESOPBlog.com 

2013 IRS Pension Plan Limits

401(k) Deferral Limit - $17,500

Annual Additions Limit - $51,000

Maximum Compensation Limit - $255,000

Catch-Up Contribution Limit - $5,500

Highly Compensated Employee - $115,000

ESOP 5-Year Distribution Threshold - $1,035,000

ESOP Additional Year Threshold - $205,000

2012 Pension Plan Limits

1989 - 2012 Plan Limits

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ESOP Awards: 2012 Charles R. Edmunson Scholarship

ESOP EducationWe recently discussed the 2012 Annual Awards for Communications Excellence (AACE).  Another ESOP award to consider applying for is The Employee Ownership Foundation Charles R. Edmunson Scholarship.  The application deadline is March 9, 2012.  Here is some additional information about the award: 

Charles Edmunson dedicated his life to the belief that all employees should be provided an opportunity to own a piece of the company where they work and that each employee owner should be offered the respect and dignity of an owner. Charles believed that education was the cornerstone of this vision. The Charles R. Edmunson Scholarship helps to fulfill his goal by offering non-management employees of employee-owned companies the opportunity to attend motivational and educational programs that promote employee ownership and educate on the rights, responsibilities, risks and rewards of employee ownership. The scholarship can be used at Foundation Employee Ownership Retreats or The ESOP Association’s Annual Conference and the Association’s chapter programs, including multi-day conferences. The scholarships will be awarded to those companies that the Selection Committee deems could best benefit from the opportunity to attend an ESOP Association educational program as determined by the Selection Committee.

The $1,250 scholarship recipients will be selected by April 13, 2012.

Why apply?

Four Solid Steps to Win Business Awards discusses four easy steps to use to apply for and win an award on behalf of your company and/or employees:

  • Apply For The Darn Thing

  • Make It Obvious

  • Include What Is Requested

  • Follow Up

The first step is the key (APPLY FOR IT!), because you cannot win if you do not apply.

Why should you try to win an award? How to Win Business Awards explains why:

But the day I won the Young Entrepreneur of The Year Award from the SBA in New Jersey, I had a PR coup that just wouldn’t quitEvery major New Jersey newspaper ran an article, all the local TV news station highlighted me, and the networking… oh the networking… it was amazing. I walked away with the biggest client I ever had, just by winning a “silly” award.