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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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