New limits for 2015

The IRS and Social Security released new limits recently (estimates below were confirmed).  Increases of note are:  the maximum contribution to a defined contribution plan went from $52,000 to $53,000, the 401(k) maximum went from $17,500 to $18,000, and the 401(k) catch-up maximum went from $5,500 to $6,000.  For more details, click on the link for Key Limitation Numbers down and to the right.