Skip navigation.
Go to The Principal Trust Company home page
Principal Trust CompanySM
Secure  Firm Login

Access Client Services


Quick Links

Plan Limits

Below are the IRS plan limits for 2013 and 2014 (HSA updates for 2015 are also shown):

Limits 2015 2014 2013
IRA Contributions   $5,500 $5,500
IRA Catch-Up Contributions   $1,000 $1,000
Elective Deferral Limit (Individual 401k, 403b plans, and SARSEPs) $18,000 $17,500 $17,500
457 Deferral Limit $18,000 $17,500 $17,500
Catch-Up Contributions to a 401(k), 403(b), 457, and SARSEP $6,000 $5,500 $5,500
SIMPLE 401(k) and SIMPLE IRA Deferral limit $12,500 $12,000 $12,000
SIMPLE 401(k) and SIMPLE IRA Catch-Up Contributions $3,000 $2,500 $2,500
Coverdell ESA Contribution Limits   $2,000 $2,000
HSA Contribution Limits - Individual $3,350 $3,300 $3,250
HSA Contribution Limits - Family $6,650 $6,550 $6,450
HSA Catch-Up Limits $1,000 $1,000 $1,000
HSA Max. Out-of-Pocket - Individual $6,450 $6,350 $6,250
HSA Max. Out-of-Pocket - Family $12,900 $12,700 $12,500
415 DB Limits $215,000 $210,000 $205,000
Annual Compensation Limit $265,000 $260,000 $255,000
415 DC Limits $53,000 $52,000 $51,000
SEP Compensation Limit $265,000 $260,000 $255,000
Top-Heavy Plan Key Employee Compensation limit   $170,000 $165,000
414 Highly Compensated Employee Threshold $120,000 $115,000 $115,000
SEP Coverage $600 $550 $550
Taxable Wage Base   $117,000 $113,700
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.

Copyright © , Principal Trust CompanySM
Privacy and Security