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2014 Plan Limits.

The Internal Revenue Service has announced 2014 Pension Plan Limitations; taxpayers may contribute up to $17,500 to their 401(k) plans in 2014.

Category 2014
Elective Deferral Limit for 401(k) and 403(b) Plans IRC 402(g) $17,500
Annual Additions Limit for Defined Contribution Plans IRC 415(c) $52,000
Limit on Annual Benefits for Defined Benefit Plans IRC 415(b) $210,000
Catch-up Contribution Limit IRC 414(v) $5,500
Annual Compensation Limit
IRC 401(a)(17)
$260,000
Highly Compensated Employee Limit IRC 414(q) $115,000
Key Employee Determination Limit
IRC 416(i)
$170,000
SIMPLE Retirement Plan Contribution Limit IRC 408(p) $12,000
Social Security Wage Base (Old Age, Survivors) $117,000

 

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