2014 personalized retirement plan limits grid

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LPL FINANCIAL 2014 Retirement Plan Limits 2014 2013 Deferral Limits Elective Deferral Limit for 401(k), 403(b) and 457(b) Plans IRC 402(g) $17,500 (No Change) $17,500 Catch-up Contribution Limit IRC 414(v) $5,500 (No Change) $5,500 Benefits and Compensation Annual Additions Limit for Defined Contribution Plans IRC 415(c) $52,000 $51,000 Limit on Annual Benefits for Defined Benefit Plans IRC 415(b) $210,000 $205,000 Annual Compensation Limit IRC 401(a)(17) $260,000 $255,000 Highly Compensated Employee Limit IRC 414(q) $115,000 (No Change) $115,000 Key Employee Determination Limit IRC 416(i) $170,000 $165,000 SIMPLE Retirement Plan Contribution Limit IRC 408(p) $12,000 (No Change) $12,000 Social Security/Medicare Social Security Wage Base (Old Age, Survivors) $117,000 $113,700 Medicare Wage Base No Limit No Limit This information is provided as a courtesy and is not designed to be all encompassing. It is not intended as authoritative guidance or tax or legal advice. You should consult with your attorney or tax advisor for guidance on your specific situation. RP-08642-1113_MOD Tracking #1-014700 The Internal Revenue Service has announced its inflation-adjusted retirement plan contribution limits for 2014. PROOF Progressive Strategies Financial Tori Patrick President 3145 E. Warm Springs Rd #400 Las Vegas, NV 89120 (702)893-1500 (702)549-1900 [email protected] Independence Powered By LPL Financial. Securities offered through LPL Financial, member FINRA/SIPC

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LPL FINANCIAL

2014 Retirement Plan Limits

2014 2013

Deferral Limits

Elective Deferral Limit for 401(k), 403(b) and 457(b) Plans IRC 402(g) $17,500 (No Change)

$17,500

Catch-up Contribution Limit IRC 414(v) $5,500 (No Change)

$5,500

Benefits and Compensation

Annual Additions Limit for Defined Contribution Plans IRC 415(c) $52,000 $51,000

Limit on Annual Benefits for Defined Benefit Plans IRC 415(b) $210,000 $205,000

Annual Compensation Limit IRC 401(a)(17) $260,000 $255,000

Highly Compensated Employee Limit IRC 414(q) $115,000 (No Change)

$115,000

Key Employee Determination Limit IRC 416(i) $170,000 $165,000

SIMPLE Retirement Plan Contribution Limit IRC 408(p) $12,000 (No Change)

$12,000

Social Security/Medicare

Social Security Wage Base (Old Age, Survivors) $117,000 $113,700

Medicare Wage Base No Limit No Limit

This information is provided as a courtesy and is not designed to be all encompassing. It is not intended as authoritative guidance or tax or legal advice. You should consult with your attorney or tax advisor for guidance on your specific situation.

RP-08642-1113_MODTracking #1-014700

The Internal Revenue Service has announced its inflation-adjusted retirement plan contribution limits for 2014.

PROOFProgressive Strategies FinancialTori PatrickPresident

3145 E. Warm Springs Rd #400Las Vegas, NV 89120(702)893-1500(702)[email protected]

Independence Powered By LPL Financial.

Securities offered through LPL Financial, member FINRA/SIPC