Knowledge Center

  • RSS Feed
  • Contact
  • Print
KNOWLEDGE CENTER >

Employee Benefit Plans Selected Maximum Dollar Limits 2015

October 30, 2014

 

  2011 2012 2013 2014 2015
Elective Deferral Limit a, b
401(k), 403(b) & SAR-SEP
$16,500 $17,000 $17,500 $17,500 $18,000

Elective Deferral Limit a, c
457 Plan

$16,500 $17,000 $17,500 $17,500 $18,000

Catch-up (age 50 & over) a

$5,500 $5,500 $5,500 $5,500 $6,000

SIMPLE Retirement Accountsb

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

SIMPLE Catch-up (age 50 & over) a

$2,500 $2,500 $2,500 $2,500 $3,000

Defined Contribution Plans

$49,000 $50,000 $51,000 $52,000 $53,000

Defined Benefit Plans

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

Annual Compensation Limit

$245,000 $250,000 $255,000 $260,000 $265,000

Highly Compensated

$110,000 $115,000 $115,000 $115,000 $120,000

SEP Coverage

$550 $550 $550 $550 $600

Social Security Limit

$106,800 $110,100 $113,700 $117,000 $118,500

Indexed for inflation

b Aggregate deferral limit per individual for any combination of plans

457 plans are not included in the aggregate individual limit

 

 

Advisors | Auditors | Consultants | CPAs - Blum Shapiro is one of the premier public accounting firms in the northeast and a Top 100 CPA Firm in the U.S. Our professionals serve businesses, individuals and organizations in Boston (MA), Hartford (CT), Providence (RI), Shelton (CT) ,Quincy (MA) and Newton (MA) with audit, tax and business consulting services. Our firm has developed practice areas in automotive, construction, education, government, healthcare, hospitality, manufacturing, nonprofit organizations and professional service firms. New Haven CT, Fairfield CT, Norwalk CT, Waterbury CT.

Your Feedback is Appreciated.

Choose one: