Turn on your sprinkler and let it run for 15 minutes. After turning off the sprinkler, use a ruler to measure the depth of the water collected in your cans. If it's 1/4 inch, you need to run the sprinkler twice as long, or 30 minutes, to spread 1/2 inch of water on your lawn.
$2,500 $2,500 $2,500. Elective Deferral Limit: maximum contribution that can be made on a pre-tax basi s to a 401(k) or 403(b) plan (Internal Revenue Code sectoi n 402(g)(1)). 457 Deferral Limit: maximum deferral amount set by the IRS for certain government plans (457 plans).
On October 23, 2014, the IRS announced the various adjustments applicable to retirement plan contribution limits for 2015.The elective deferral limit for 457 and 401(k) plans increases to $18,000, and the annual additions limit for 401(a) plans increases to $53,000.Traditional and Roth IRA contributions limits are unchanged. The tables below show the 2014 and 2015 contribution limitations for 457 plans, 401 plans, and IRAs.n October 23, 2014, the IRS announced the various adjustments applicable to retirement plan contribution limits for 2015.