IRS Limits for 2015
New Limits Announced for Defined Contribution Plans
Maximum employee elective deferral… $18,000
Employee catch-up contribution… $6,000
Defined contribution limit…$53,000
Defined contribution limit ages 50+… $59,000
Employee limit for calc contributions… $265,000
“Key employees” in a top-heavy plan… $170,000
“Highly compensated employees”… $120,000
CHRO