Dollar Limitations

The Internal Revenue Code provides for dollar limitations on benefits and contributions under qualified retirement plans. IRC Section 415 requires the limits to be adjusted annually for cost-of-living increases.

Year DB

415(b)(1)(A)
DC

415(c)(1)(A)
Maximum Deferral Highly Compensated Definition Limits Under IRC 414(q) Taxable Wage Base
401(k) & 402(g)(1) Over 50 Catch-up Contribution (1)(B) Annual Comp Limit
401(a)(17), 404(I), 408(k)(3)(C)
2015 210,000 53,000 18,000 6,000 120,000 265,000 118,500
2014 210,000 52,000 17,500 5,500 115,000 260,000 117,000
2013 205,000 51,000 17,500 5,500 115,000 255,000 113,700
2012 200,000 50,000 17,000 5,500 110,000 250,000 110,100
2011 195,000 49,000 16,500 5,500 110,000 245,000 106,800