YEAR 2014:
- Annual Defined Benefit limit: $210,000
- Annual Defined Contribution limit: $52,000
- Annual Compensation limit: $260,000
- 401(k) Annual Deferral limit: $17,500
- 401(k) Catch-up limit: $5,500 (must be at least 50 years old)
- Traditional IRA Contribution limit: $5,500
- Traditional IRA Catch-up contribution: $1,000 (must be at least 50 years old)
- Roth IRA Contribution limit: $5,500
- Roth IRA Catch-up contribution: $1,000 (must be at least 50 years old)
- Simple IRA's Contribution limit: $12,000
- Simple IRA's Catch-up contribution limit: $2,500 (must be at least 50 years old)
- Social Security Wage base: $117,000
YEAR 2015:
- Annual Defined Benefit limit: $210,000
- Annual Defined Contribution limit: $53,000
- Annual Compensation limit: $265,000
- 401(k) Annual Deferral limit: $18,000
- 401(k) Catch-up limit: $6,000 (must be at least 50 years old)
- Traditional IRA Contribution limit: $5,500
- Traditional IRA Catch-up contribution: $1,000 (must be at least 50 years old)
- Roth IRA Contribution limit: $5,500
- Roth IRA Catch-up contribution: $1,000 (must be at least 50 years old)
- Simple IRA's Contribution limit: $12,500
- Simple IRA's Catch-up contribution limit: $3,000 (must be at least 50 years old)
- Social Security Wage base: $118,500