Annual Qualified Plan Limits

2014

2013

401(k), SARSEP, 403(b) Plan Deferrals (Section 402(g)) & 457 Plan deferrals (Section 457(b)(2))

$17,500

$17,500

401(k), 403(b), 457 & SARSEP additional "catch-up" contributions for employees age 50 and older

$5,500

$5,500

Defined contribution plan dollar limit on additions 
(Section 415(c)(1)(A))

$52,000

$51,000

Defined benefit plan limit on benefits (Section 415(b)(1)(A))

$210,000

$205,000

Maximum compensation used to determine contributions

$260,000

$255,000

SIMPLE deferrals (Section 408(p)(2)(A))

$12,000

$12,000

SIMPLE additional "catch-up" contributions
for employees age 50 and older

$2,500

$2,500

Compensation defining highly compensated employee
(Section 414(q)(1)(B))

$115,000

$115,000

Compensation defining key employee (officer)

$170,000

$165,000

The compensation amounts under Section 1.61‑21(f)(5)(i) of the Income Tax Regulations concerning the definition of "control employee" for fringe benefit valuation purposes

$105,000

$100,000

Compensation triggering Simplified Employee Pension (SEP) contribution requirement (Section 408(k)(2)(c))

$550

$550

IRAs

2014

2013

Traditional and Roth IRA Individual, up to 100% of earned Income

$5,500

$5,500

Roth and traditional IRA additional annual "catch-up" contributions for account owners age 50 and older

$1,000

$1,000