2015 Defined Contribution Plans
The IRS highlighted the following adjustments taking effect on January 1, 2015: For 401(k), 403(b) and most 457 plans, the COLA increases for dollar limits on benefits and contributions are as follows: Defined Contribution Plan Limits 2015 2014 Maximum employee elective deferral $18,000 $17,500 Employee catch-up contribution (ages 50 and older) $6,000