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Employee Benefit Plans Selected Maximum Dollar Limits 2014

November 13, 2013

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  2010 2011 2012 2013 2014
Elective Deferral Limit a, b
401(k), 403(b) & SAR-SEP
$16,500 $16,500 $17,000 $17,500 $17,500

Elective Deferral Limit a, c
457 Plan

$16,500 $16,500 $17,000 $17,500 $17,500

Catch-up (age 50 & over) a

$5,500 $5,500 $5,500 $5,500 $5,500

SIMPLE Retirement Accountsb

$11,500 $11,500 $11,500 $12,000 $12,000

SIMPLE Catch-up (age 50 & over) a

$2,500 $2,500 $2,500 $2,500 $2,500

Defined Contribution Plans

$49,000 $49,000 $50,000 $51,000 $52,000

Defined Benefit Plans

$195,000 $195,000 $200,000 $205,000 $210,000

Annual Compensation Limit

$245,000 $245,000 $250,000 $255,000 $260,000

Highly Compensated

$110,000 $110,000 $115,000 $115,000 $115,000

SEP Coverage

$550 $550 $550 $550 $550

Social Security Limit

$106,800 $106,800 $110,100 $113,700 $117,000

a Limits set by law through 2006. Indexed after 2006.

b Aggregate deferral limit per individual for any combination of plans.

c Starting in 2002, 457 plans are not included in the aggregate individual limit.

 

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