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2015 Qualified Plan Limits!

October 30, 2014


2015 Qualified Plan Limits!

October 30, 2014

Authored by: Keith Kehrer

They’re here!  The 2015 IRS plan limitations arrived a full week earlier than last year.  Most of the limitations have been adjusted upwards.  See the chart below (after the jump) to see the new limits as well as a summary of the limits over the preceding three years.

Type of Limitation 2015 2014 2013 2012 Elective Deferrals (401(k), 403(b), 457(b)(2) and 457(c)(1)) $18,000 $17,500 $17,500 $17,000 Section 414(v) Catch-Up Deferrals to 401(k), 403(b), 457(b), or SARSEP Plans (457(b)(3) and 402(g) provide separate catch-up rules to be considered as appropriate) $6,000 $5,500 $5,500 $5,500 SIMPLE 401(k) or regular SIMPLE plans, Catch-Up Deferrals $3,000 $2,500 $2,500 $2,500 415 limit for Defined Benefit Plans $210,000 $210,000 $205,000 $200,000 415 limit for Defined Contribution Plans $53,000 $52,000 $51,000 $50,000 Annual Compensation Limit $265,000 $260,000 $255,000 $250,000 Annual Compensation Limit for Grandfathered Participants in Governmental Plans Which Followed 401(a)(17) Limits (With Indexing) on July 1,

Foundations & Endowments: New Challenges, New Opportunities

October 22, 2014


What’s the best way to offset potential equity volatility in period of meager bond returns?

Given your need for liquidity, are alternative investments too risky?

Does socially responsible investing make sense for your organization?

How can you best meet the new legislative requirements for transparency and accountability?

Please join us on November 12 to hear a panel of experts (including our very own Tara Newell) answer these and other questions.

Click here for more info

Case Study of How to Win an Online Funding Competition

October 8, 2014


Thursday, Nov. 20, 2014, from 3 p.m. to 5 p.m. in 202 J.C. Penney Conference Center

Online funding competitions are becoming more and more common. Locally, Mission: St. Louis has entered three online contests and won all three in recent history. Come to this class to learn how they built and maintain their social media presence, and how they mobilized their followers on Give STL Day 2014. Walk away with new social media resources and strategies, and learn how to make a plan for an online campaign or contest. Specific thoughts and plans will be provided to help organizations plan for Give STL Day 2015.

Instructor JOY CLARKE is the Vice President of Development for Mission: St. Louis, where she leads a team that manages the organization’s communications and development. She’s grown the organization’s social media platform to reach followers of more than 5,000 people, and helped them win three

Don’t Get Stuck With a Non-Deductible Conservation Easement

October 6, 2014


The increasingly popular conservation easement charitable deduction allows a landowner to deduct a portion of the value of a piece of land by limiting the land’s use.  In a typical scenario, a landowner records a conservation easement on the land and then donates the conservation easement to a conservation organization.  The landowner receives an appraisal of the value of (i) the developable land and (ii) the land once the conservation easement has been recorded.  The landowner then deducts the difference as a charitable contribution.  In such a scenario, Section 170 of the tax code allows a deduction as long as the easement is perpetual, made to a qualified organization, and for a valid conservation purpose.

The typical scenario is changing, however, as more and more landowners are holding their property in trust.  When the land is held in trust, it is more