Turn on your sprinkler and let it run for 15 minutes. After turning off the sprinkler, use a ruler to measure the depth of the water collected in your cans. If it's 1/4 inch, you need to run the sprinkler twice as long, or 30 minutes, to spread 1/2 inch of water on your lawn.
$2,500 $2,500 $2,500. Elective Deferral Limit: maximum contribution that can be made on a pre-tax basi s to a 401(k) or 403(b) plan (Internal Revenue Code sectoi n 402(g)(1)). 457 Deferral Limit: maximum deferral amount set by the IRS for certain government plans (457 plans).
For 2007, the maximum amount of Pre-tax/Roth deferrals is $15,500 or, if you attain age 50 by December 31, 2007, $20,500 ($5,000 Catch-Up contribution). The annual limit for additions, in total, to defined contribution plans for 2007 is the lesser of (1) $45,000, or (2) 100% of the participants annual compensation.