They Happen Every Year...
2015 QUALIFIED PLAN LIMITS
THE PLAN LIMITS FOR 2015 HAVE BEEN ANNOUNCED!
Annual Compensation Limit
Increases from $260,000 to $265,000
Salary Deferral Limit for 401(k) and 403(b) Plans
Increases from $17,500 to $18,000
Catch-up Contribution Limit for 401(k) and 403(b) Plans
Increases from $5,500 to $6,000
Annual Additions Limit for Defined Contribution Plans
Increases from $52,000 to $53,000
Annual Additions Limit for Defined Benefit Plans
Remains Unchanged at $210,000
Social Security Wage Base
Increases from $117,000 to $118,500
Testing Limits
Highly Compensated Employee
Annual Income Limit Increases from $115,000 to $120,000
Key Employee Based on Officer Status
Remains Unchanged at $170,000