| | Rules & Regulators | | IRS Announces Contribution/Benefits Limits for 2015 | | The Internal Revenue Service (IRS) announced
cost of living adjustments affecting dollar limitations for pension plans and
other retirement-related items for tax year 2015. The elective deferral
(contribution) limit for employees who participate in 401(k), 403(b), most 457
plans, and the federal government’s Thrift Savings Plan is increased from
$17,500 to $18,000. The catch-up contribution limit for employees aged 50 and
over who participate in 401(k), 403(b), most 457 plans, and the federal
government’s Thrift Savings Plan is increased from $5,500 to $6,000.Read more > | | Share the good news with a friend! Pass the Dash along – and tell your
friends/associates they can sign up for their own copy.Read more > | | News from PLANSPONSOR.com
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