maximum defined contribution 2015
Every year, the IRS makes cost-of-living adjustments to the maximum amount you can contribute to your retirement plans. For the first time in two years, 401k contribution limits will rise in 2015 to a maximum of $18,000. That's an increase of $500.nd the total amount you're allowed to have put into your 401k in 2015 is a whopping $53,000 -- also up $1,000 from last year. Source: IRS. But even if you're over 50 and contribute the maximum to your 401k, how in the world can you possibly reach the Defined Contribution Limit of $53,000?