IRS Raises Retirement Plan Contribution Limits – 2015
IRS Raises Retirement Plan Contribution Limits Roth & traditional IRAs won’t get 2015 COLAs, but other plans will. A little inflation means a little adjustment. As the Consumer Price Index is up 1.7% over the last 12 months, the federal government is giving Social Security benefits a 1.7% boost for 2015 and lifting annual contribution limits on key pension plans as well.1 401(k), 403(b), 457 & TSP annual contribution limits increase by $500. You will be able to defer up [...]