• Annual Gift Exclusion: $14,000
  • Estate, gift and generation-skipping tax exemption - $5,490,000
  • IRA and Roth IRA Contribution Limits: $5,500 plus another $1,000 for individuals over 50
  • Simple IRA Contributions: $12,500 plus another $3,000 for individuals over 50
  • 401(k) Contribution Limits: $18,000 plus another $6,000 for individuals over 50
  • SEP IRA Contribution Limits: 25% of compensation or maximum of $54,000
  • Top Federal Tax Rate: 39.6% on income over $415,050