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Plan Limits
Below are the IRS
plan limits for 2012 and 2013, with HSA limits for 2014
| Limits |
2014 |
2013 |
2012 |
| IRA Contributions |
|
$5,500 |
$5,000 |
| IRA Catch-Up
Contributions |
|
$1,000 |
$1,000 |
| Elective Deferral
Limit (Individual 401k, 403b plans, and SARSEPs) |
|
$17,500 |
$17,000 |
| 457 Deferral
Limit |
|
$17,500 |
$17,000 |
| Catch-Up Contributions
to a 401(k), 403(b), 457, and SARSEP |
|
$5,500 |
$5,500 |
| SIMPLE
401(k) and SIMPLE IRA Deferral limit |
|
$12,000 |
$11,500 |
| SIMPLE 401(k)
and SIMPLE IRA Catch-Up Contributions |
|
$2,500 |
$2,500 |
| Coverdell
ESA Contribution Limits |
|
|
$2,000 |
| HSA Contribution
Limits - Individual |
$3,300 |
$3,250 |
$3,100 |
| HSA Contribution
Limits - Family |
$6,550 |
$6,450 |
$6,250 |
| HSA Catch-Up
Limits |
$1,000 |
$1,000 |
$1,000 |
| HSA Max. Out-of-Pocket
- Individual |
$6,350 |
$6,250 |
$6,050
|
| HSA Max. Out-of-Pocket
- Family |
$12,700 |
$12,500 |
$12,100 |
| 415 DB Limits |
|
$205,000 |
$200,000 |
| Annual
Compensation Limit |
|
$255,000 |
$250,000 |
| 415
DC Limits |
|
$51,000 |
$50,000 |
| 415 DC % of
Pay Limit |
|
|
100% |
| 404 Deduction
Limit |
|
|
25% |
| SEP Compensation
Limit |
|
$255,000 |
$250,000 |
| Top-Heavy
Plan Key Employee Compensation limit |
|
$165,000 |
$165,000 |
| 414 Highly
Compensated Employee Threshold |
|
$115,000 |
$115,000 |
| SEP Coverage |
|
$550 |
$550 |
| Taxable Wage
Base |
|
$113,700 |
$110,100 |
| Social Security
Tax |
|
6.2% |
6.2% |
| Social Security
Tax for Self Employed |
|
12.4% |
12.4% |
| FICA for Employees |
|
7.65% |
7.65% |
Visit our plan comparisons for the AGI phase-out ranges.
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