On October 23, 2014, the IRS released the cost-of-living adjustments affecting the dollar limitations for retirement plans for the 2015 tax year.

  2015 2014 2013 2012
401(k) Elective Deferrals $18,000.00 $17,500.00 $17,500.00 $17,000.00
Annual Defined Contribution Limit $53,000.00 $52,000.00 $51,000.00 $50,000.00
Annual Compensation Limit $265,000.00 $260,000.00 $255,000.00 $250,000.00
Catch-Up Contribution Limit $6,000.00 $5,500.00 $5,500.00 $5,500.00
Highly Compensated Employees $120,000.00 $115,000.00 $115,000.00 $115,000.00
403(b)/457 Elective Deferrals $18,000.00 $17,500.00 $17,500.00 $17,500.00
SIMPLE Employee Deferrals $12,500.00 $12,000.00 $12,000.00 $11,500.00
SIMPLE Catch-Up Deferral $3,000.00 $2,500.00 $2,500.00 $2,500.00
SEP Minimum Compensation $600.00 $550.00 $550.00 $550.00
SEP Annual Compensation Limit $265,000.00 $260,000.00 $255,000.00 $250,000.00
Social Security Wage Base $118,500.00 $117,000.00 $113,700.00 $110,100.00