Cost of living adjustments affecting dollar limitations for pension plans and other retirement-related
items. The IRS has released 2015 indexed amounts, adjusted for inflation, for health savings account
contribution limits and deductibles, and OOP maximums for high-deductible health plans (HDHPs).
Changes were minor, but use these figures for preparing benefit guides and other employee
communication materials, as well as for determining 2015 plan design.
2014
2015
401(k) Limit
$17,500
$18,000
401(k) Catch-up
$5,500
$6,000
403(b)
$17,500
$18,000
403(b) Catch-up
$5,500
$6,000
$17,500
$18,000
$5,500
$6,000
TBD*
Compensation Limit
$260,000
$265,000
$115,000
$120,000
$170,000
$170,000
$210,000
$210,000
$52,000
$53,000
Parking (monthly)
$250
$250
$130
$130
$20
TBD*
Social Security
$117,000
$118,500
Medicare
Unlimited
6.20%
6.20%
Medicare
1.45%
1.45%
$2,500
$2,550
$5,000
$5,000 Health Savings Account
Maximum Contribution
Individual
$3,300
$3,350
Family
$6,500
$6,650
Catch-up Contribution
$1,000
$1,000 High Deductible Health
Plans
Minimum Annual Deductible (Individual)
$1,250
$1,300
$2,500
$2,600
$6,350
$6,450
$12,700
$12,900
*The IRS may adjust the items with an asterisk for 2015. Last year the IRS announced these limits in mid-November.