2015 Limits to Pensions & Other Contribution Plans

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The Internal Revenue Service has recently released the new limits to the qualifying pensions and other contribution plans. The limit adjustments take into account new cost-of-living amounts; most important information is summarized in the below table.

Limitation Code Section

2015

2014

2013

2012

2011

2010

2009

2008

Elective Deferrals §§401(k)/403(b)§402(g)(1)

18,000

17,500

17,500

17,000

16,500

16,500

16,500

15,500

Elective Deferrals §457(b) Plan Special Catch-Up,§§457(e)(15), 457(b)(3)

18,000

17,500

17,500

17,000

16,500

16,500

16,500

15,500

36,000

35,000

35,000

34,000

33,000

33,000

33,000

31,000

Age 50+ Catch-Up §414(v)(2)(B)(i)

6,000

5,500

5,500

5,500

5,500

5,500

5,500

5,000

Defined Contribution Plans §415(c)(1)(A)

53,000

52,000

51,000

50,000

49,000

49,000

49,000

46,000

Defined Benefit Plan Limits §415(b)(1)(A)

210,000

210,000

205,000

200,000

195,000

195,000

195,000

185,000

Annual Compensation Limit §401(a)(17)

265,000

260,000

255,000

250,000

245,000

245,000

245,000

230,000

Highly Compensated Employee, §414(q)(1)(B)

120,000

115,000

115,000

115,000

110,000

110,000

110,000

105,000

SIMPLE Maximum Contribution §408(p)(2)(E)

12,500

12,000

12,000

11,500

11,500

11,500

11,500

10,500

Age 50+ SIMPLE Catch-up §414(v)(2)(B)(ii)

3,000

2,500

2,500

2,500

2,500

2,500

2,500

2,500

Key Employees §416(i)(1)(A)(i)

170,000

170,000

165,000

165,000

160,000

160,000

160,000

150,000

IRA/Roth Contribution Limit, §219(b)(5)(A)

5,500

5,500

5,500

5,000

5,000

5,000

5,000

5,000

IRA/Roth Catch-Up Limit §219(b)(5)(B)

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

Social Security Wage Base

118,500

117,000

113,700

110,100

106,800

106,800

106,800

102,000

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