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2014 401K and IRA Contribution and Income Limits

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The IRS has released updated 2014 limits for defined contribution (or pension) plans such as 401(k) and IRAs. This was delayed from the usual┬ámid-October release due to the government shutdown. The annual limits are tied to┬áCost of Living Adjustment (COLA) figures and based on these the updated 2014 limits and contribution amounts are shown below […]

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