The IRS just announced the 2015 retirement plan limits. The cost-of-living index was high enough to cause adjustments for the 2015 tax year. Review the official announcement from the IRS for more details: IRS Announces 2015 Pension Plan Limitations; Taxpayers May Contribute up to $18,000 to their 401(k) plans in 2015. Highlights are shown below.
The adjusted contribution limits, along with any other announced tax changes, will be included for the 2015 updates from Money Tree Software, typically available in January of the new year.
