- Social security taxable wage limit increased from 2013 limit of $ 113,700 to $ 117,000. Retirees under full retirement age can earn up to $15,480 without losing benefits.
- 401 (k) maximum salary deferral is $ 17,500 with a catch-up limit for 50 and older at $ 5,500.
- IRA contribution limit is $ 5,500 and $6,500 for 50 and older.
- Annual gift tax exclusion is $ 14,000.
- Estate Tax exemption increases from the 2013 amount of $ 5,250,000 to $ 5,340,000 doe 2014.
- AMT exemptions for 2014 are $52,800 for single and $ 82,100 for married filing joint
