The National Directory of Certified Public Accountants

Ask A CPA - Retirement Plan Limits - 2013

Retirement Plans Maximum Limitations - 2013

IRA Contributions $5,500 - IRA Catch-up Contributions $1,000 - Defined Benefit Plan Benefit $205,000 - Defined Contribution Plan Allocation $51,000 - 401(K) or 403(b) Salary reduction deferrals $17,500 - 401(k) or 403(b) Catch-up Contributions $5,500 - SIMPLE plans $12,000 - SIMPLE plan Catch-up Contributions $2,500 - Salary for pension plan $255,000 - Salary for highly compensated employee $115,000 - Salary for Key employee $165,000 - Salary for SEP eligibility $550 - Social Security Taxable Wage base $113,700 -

If you need professional help with "Retirement Plan Limits - 2013" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.