The IRS has released 2015 annual limits for employee benefit plans, including the following:
- The maximum retirement plan elective deferral increases to
$18,000, and the catch-up contribution (age 50+) increases to $6,000.
- The health FSA plan year maximum employee election increases to $2,550. The dependent care FSA calendar year maximum benefit remains unchanged.
- Transportation limits are not changing for 2015.
Click here for our detailed table of IRS employee benefit plan limits.