The new 2014 contribution limits and related limits for retirement plans have been released.

Here is a Quick Summary:

Defined Contribution Limit (employer & employee combined): $52,000 (formerly $51,000)

401(k) Salary deferral limit: $17,500 (unchanged)

Maximum compensation to be considered: $260,000(formerly $255,000)

Compensation used to determine a Highly Compensated Employee: $115,000 (unchanged)

Compensation used to determine a Key Employee: $170,000

The catch-up contribution limit remains the same at $5,500