2015 Pension Limits

2015 Pension Limits

In working with your qualified plan, the plan, plan sponsor, and participants will be subject to various pension limits as prescribed by the Internal Revenue Code.

Section 415 of the Internal Revenue Code provides for dollar limits on the benefits and the contributions for qualified retirement plans.

The 2015 pension limits as set by the Internal Revenue Service can be found below and on the IRS Website.

2015 Pension Limits

2015

2014

2013

Maximum Annual Pension Benefit

$210,000

$210,000

$205,000

Maximum Annual Addition

$53,000

$52,000

$51,000

Maximum Elective Deferral

$18,000

$17,500

$17,500

Catch-up Contribution-401(k), 403(b)

$6,000

$5,500

$5,500

Qualified Plan Compensation Limit

$265,000

$260,000

$255,000

Highly Compensated Employee  $120,000

$115,000

$115,000

Key Employee Compensation  $170,000

$170,000

$165,000

SIMPLE Maximum Contribution  $12,500

$12,000

$12,000

To get an idea of the maximum 2015 contribution limits for a 401(k)/profit sharing plan, a cash balance plan, and a combination of both, view 2015 Contribution Limits: 401(k) and Cash Balance Plans.


Contact Us to Receive a Plan Design for Your Company

Pinnacle Plan Design is a third-party administrator (TPA) for employer-sponsored qualified retirement plans. We specialize in retirement plan design, administration and actuarial consulting. Pinnacle has a local presence in Tucson and Phoenix, Arizona (AZ), as well as Houston, Texas (TX) and Columbus, Ohio (OH), and we proudly serve businesses nationwide.

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