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 …
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