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Educating Members of Congress about the Value of ESOPs

  
  
  

News from ESCA’s April Lobby Days discusses how 30 employee-owners from member companies of Employee-Owned S Corporations of America (ESCA) met with almost 25% of the Senate offices (24) and 41 House offices to educate Members of Congress and their staff about "the value proposition and the political needs of S Corporation ESOPs" during two April Lobby Days.

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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