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ESOP Hot Topic Legislative Issues

  
  
  

Government Relations Activities identifies the following hot topic legislative issues:

It also encourages everyone in the ESOP community to talk to their members of Congress:

It's an election year, and we realize you might well be sick and tired of us talking about this, but we are going to say it one more time – get out there and talk to your members of Congress!

We need an army of employee owners to interact continuously with elected officials to prove that pro-active positions for employee ownership and ESOP laws will improve America's economy in a way that is fair to all wage earners.

Many leaders are cynical when it comes to employee ownership through ESOPs. We need to show them what it really means to be employee owned and what they can do for a company.

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2012 IRS Pension Plan Limits

401(k) Deferral Limit - $17,000

Annual Additions Limit - $50,000

Maximum Compensation Limit - $250,000

Catch-Up Contribution Limit - $5,500

Highly Compensated Employee - $115,000

ESOP 5-Year Distribution Threshold - $1,015,000

ESOP Additional Year Threshold - $200,000

2012 Pension Plan Limits

1989 - 2012 Plan Limits