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Are you taking full advantage of your retirement account? The end of the year is a good time to reevaluate your contributions based on what your employer is willing to match. Check the 2014 retirement plan limits below to ensure that you’re making the most of your contributions.
 

RETIREMENT PLAN LIMITS
401(k), SAR-SEP, Sec. 457(b), 403(b) Elective Deferral Limit $17,500
Age 50+ Catch-Up for 401(k), SAR-SEP, 457(b), 403(b) $5,500
SIMPLE Elective Deferral Limit $12,000
Age 50+ Catch-Up for SIMPLE IRA $2,500
Traditional and Roth IRA Contributions $5,500
Age 50+ Catch-Up for IRA and Roth IRA $1,000

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