The Internal Revenue Service announced the 2015 cost-of-living adjustments to the dollar limitations for qualified retirement plans and other benefits, and the Social Security Administration announced its own cost-of-living adjustments for 2015. The elective deferral contribution limit for 401(k), 403(b) and 457(b) plans, as well as the catch-up contribution limit, will increase for 2015. Other limits, such as the annual compensation limit under 401(a)(17), the limit used in the definition of highly compensated employee and the maximum annual contribution limit under Code Section 415, will also increase for 2015.

Retirement Plan Limits and Social Security Wage Base

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Health Savings Account and High Deductible Health Plan Limits 

Earlier this year, the IRS announced the inflation-adjusted amounts for health savings account and high-deductible health plans for 2015, which reflect an increase from 2014. 

Health Savings Accounts/HDHP Limits

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