Plan Limits
The Internal Revenue Service has issued its annual cost-of-living adjustments applicable to dollar limitations for pension plans.
The dollar limits are as follows:
|
Plan/IRA Limits |
2017 |
2016 |
2015 |
2014 |
2013 |
2012 |
2011 |
2010 |
2009 |
2009 |
| 401(k),403(b), and SARSEP maximum deferral |
$18,000 |
$18,000 |
$18,000 |
$17,500 |
$17,500 |
$17,000 |
$16,500 |
$16,500 |
$16,500 |
$16,500 |
| 457 maximum deferral |
$18,000 |
$18,000 |
$18,000 |
$17,500 |
$17,500 |
$17,000 |
$16,500 |
$16,500 |
$16,500 |
$16,500 |
| Catch-up for 401(k), 403(b), SARSEP, and 457 |
$6,000 |
$6,000 |
$6,000 |
$5,500 |
$5,500 |
$5,500 |
$5,500 |
$5,500 |
$5,500 |
$5,500 |
| SIMPLE election maximum deferral |
$12,500 |
$12,500 |
$12,500 |
$12,000 |
$12,000 |
$11,500 |
$11,500 |
$11,500 |
$11,500 |
$11,500 |
| Catch-up for SIMPLE |
$3,000 |
$3,000 |
$3,000 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
| DB – annual benefit |
$215,000 |
$210,000 |
$210,000 |
$210,000 |
$205,000 |
$200,000 |
$195,000 |
$195,000 |
$195,000 |
$195,000 |
| DC – annual contribution |
$54,000 |
$53,000 |
$53,000 |
$52,000 |
$51,000 |
$50,000 |
$49,000 |
$49,000 |
$49,000 |
$49,000 |
| Compensation Limits |
$270,000 |
$265,000 |
$265,000 |
$260,000 |
$255,000 |
$250,000 |
$245,000 |
$245,000 |
$245,000 |
$245,000 |
| Highly Compensated Employees Compensation |
$120,000 |
$120,000 |
$120,000 |
$115,000 |
$115,000 |
$115,000 |
$110,000 |
$110,000 |
$110,000 |
$110,000 |
| Key Employees
Officer Compensation |
$175,000 |
$170,000 |
$170,000 |
$170,000 |
$165,000 |
$165,000 |
$160,000 |
$160,000 |
$160,000 |
$160,000 |
| Key Employees
1% Owner |
$150,000 |
$150,000 |
$150,000 |
$150,000 |
$150,000 |
$150,000 |
$150,000 |
$150,000 |
$150,000 |
$150,000 |
| Compensation Limits
Social Security |
$127,200 |
$118,500 |
$118,500 |
$117,000 |
$113,700 |
$110,100 |
$106,800 |
$106,800 |
$106,800 |
$106,800 |