401(k) Deferral Amounts for 2015


401(k) Deferral Amounts for 2015

Get a head start on your 2015 retirement savings. In 2015 the maximum you can defer in your 401(k) of 403(b) plan increases to $18,000 (plus an additional $6,000 if you will at least age 50 by the end of 2015).

For a regular IRA the contribution limit is $5,500 ($6,500 if you are age 50)

For a SIMPLE-IRA the limit increases to $12,500 ($15,500 if you are age 50).

View Our Tax Calendar

The Tax Man Blog

1040's can be filed starting February 12th Read More
New Stimulus package approved by Congress Read More
IRS clarifies PPP expense deductions Read More
Biden's Proposed Tax Plan Read More
Taxation of fringe benefits Read More
View All Blog Postings
© Copyright 2021 David Sivcovich CPA PC