Time to Increase Your 401(k) – 2015 Limits Released!

October 27, 2014 at 12:24 pm Leave a comment

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The IRS has released the new COLA adjustments for 2015. Employees can now defer up to $18,000 for the 2015 calendar year. Individuals age 50 or over may defer an additional $6,000. For a full list of retirement plan related limits, please see the following article, “RS Announces 2015 Pension Plan Limitations; Taxpayers May Contribute up to $18,000 to their 401(k) plans in 2015” by the IRS, at http://www.irs.gov/uac/Newsroom/IRS-Announces-2015-Pension-Plan-Limitations;-Taxpayers-May-Contribute-up-to-$18,000-to-their-401(k)-plans-in-2015.

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Christine Gurney

A pension professional who shares her thoughts and ideas about the pension world for industry members and anyone else interested.

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