2015 Official IRS IRA, Roth IRA and 401K Contribution Limits

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Millions of Americans contribute to an employer sponsored 401K or traditional IRA (Individual Retirement Account). And over the last few years the government has steadily been increasing the maximum contribution people can make to ensure that folks can build a larger nest egg during retirement. But thanks for the low inflation environment seen over the preceding year, the IRS announced that IRA limits will remain unchanged while 401k and related retirement plan limits should only see a moderate increases.

Annual 401k contribution limits (which also applies to 403b, 457 plans, and the federal government’s Thrift Savings Plan) will increase by $500 to $18,000 in 2015. The catch-up contribution for those over 50, will also increase by $500 to $6,000. For the the are self-employed, the total employer plus employee contributions to all defined contribution plans by the same employer will go up by $1,000 from $52,000 to $53,000 in 2015.

Year
Contribution Limit
Maximum Employer Contribution
Max. for ALL Contributions (excl. Catch-up)
Additional Catch-up Amount (age > 50)
2017 (est.)
$18,500
$36,500
$54,000
$6,000
2016
$18,000
$35,500
$53,500
$6,000
2015
$18,000
$35,000
$53,000
$6,000
2014
$17,500
$34,500
$52,000
$5,500
2013
$17,500
$33,500
$51,000
$5,500
2012
$17,000
$33,000
$50,000
$5,500
2011
$16,500
$32,500
$49,000
$5,500

The annual IRA contributions limit will remain at $5,500 for most taxpayers and $6,500 for those 50 and older. See more details here.

Year
IRA Contribution Limit
IRA Contribution - Tax Deduction Qualification Income Phase-out Ranges
2016
$5,500 ($6,500 if > 50 years old)
(Single and have Employer Plan) - $61,00 to $71,000
(Married and have Employer Plan) - $98,000 to $118,00
(Married Filing Separately and have Employer Plan) - $0 to $10,000
(Married and Spouse has Employer Plan) - $184,000 to $194,000
2015
$5,500 ($6,500 if > 50 years old)
(Single and have Employer Plan) - $61,00 to $71,000
(Married and have Employer Plan) - $98,000 to $118,00
(Married Filing Separately and have Employer Plan) - $0 to $10,000
(Married and Spouse has Employer Plan) - $183,000 to $193,000
2014
$5,500 ($6,500 if > 50 years old)
(S) $60,00 to $70,000
(M) $96,000 to $116,00
(M&S ) $181,000 to $191,000
2013
$5,500 ($6,500 if > 50 years old)
(S) $59,00 to $69,000
(M) $94,000 to $114,00
(M&S) $177,000 to $188,000
2012
$5,000 ($6,000 if > 50 years old)
(S) $58,00 to $68,000
(M) $92,000 to $112,00
(M&S) $173,000 to $183,000

2015 Roth IRA limits are shown below. See more details and roll over rule updates here.

2015 vs 2014 Roth IRA limits and Income Phaseout

SIMPLE 401k or SIMPLE IRA contributions annual limits are also expected to increase by $500 from $12,000 $12,500 in 2015.

A variety of other statutory tax limits are expected to see slight upward adjustments in 2015. Here is a summary of key 2015 tax changes, including project tax brackets.

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