2015 Indexed Figures for Qualified Retirement Plans

2015 Indexed Figures for Qualified Retirement Plans

by Posted on: November 4, 2014Categories: HR & Compliance   

Qualified Retirement Plans must take various dollar limits into consideration. Some of these are indexed and can therefore change on occasion. The IRS has announced benefit plan limits for 2015. Below are the figures for 2015 along with the previous 2014 limits for comparison.


LIMITS 2015 2014
401(k) Plan Elective Deferral Limit (Calendar Year) $18,000 $17,500
401(k) Plan Catch-up Contribution Limits $6,000 $5,500
Maximum Annual Contribution Limits

(Money Purchase, Profit Sharing, Target Plans)

$53,000 $52,000
Maximum Annual Benefit Limit

Defined Benefit Plans

$210,000 $210,000
Maximum Annual Compensation Limit $265,000 $260,000
Compensation Limit for Highly Compensated Employees1 $120,000 $115,000
Social Security Taxable Wage Base Limit $118,500 $117,00


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