 |
| Solo 401k |
With the 2015 annual
compensation limit increasing to $265,000 from $260,000, the limit on the
maximum amount of employer matching contributions participants can receive will
also increase.
Employer Matching Contribution Limits
|
||
Maximum
Matching Percentage
|
Maximum
Matching Contribution in 2015
|
Maximum
Matching Contribution in 2014
|
3.00%
|
$7,950
|
$7,800
|
3.50%
|
$9,275
|
$9,100
|
4.00%
|
$10,600
|
$10,400
|
4.50%
|
$11,925
|
$11,700
|
5.00%
|
$13,250
|
$13,000
|
5.50%
|
$14,575
|
$14,300
|
6.00%
|
$15,900
|
$15,600
|
7.00%
|
$18,550
|
$18,200
|
8.00%
|
$21,200
|
$20,800
|
9.00%
|
$23,850
|
$23,400
|
10.00%
|
$26,500
|
$26,000
|
11.00%
|
$29,150
|
$28,600
|
12.00%
|
$31,800
|
$31,200
|
13.00%
|
$34,450
|
$33,800
|
14.00%
|
$37,100
|
$36,400
|
15.00%
|
$39,750
|
$39,000
|
The maximum matching
contribution is calculated by multiplying the maximum matching percentage by
the annual compensation limit. Employer matching contributions can make up a large
portion of a participant’s retirement savings
