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).
In addition to the plan terms providing that elective deferrals must satisfy the requirements of Code section 402(g), elective deferrals must satisfy these requirements in operation. This limit is $17,500 in 2014 (and $18,000 in 2015; subject to cost-of-living adjustments in later years).