2017 IRS Limits for Qualified Retirement Plans
|401(k) / 403(b) Deferral Limit
The maximum contribution to a 401(k) or 403(b) plan in 2016.
|Catch Up Contribution
The additional contribution allowed to a 401(k) or 403(b) plan for those who are 50 or will turn 50 in 2016.
|Highly Compensated Employees
Contributions by highly compensated employees are limited by discrimination testing. Employees are designated highly compensated if their compensation in the prior year is greater than the threshold.
|Annual Compensation Limit
The maximum annual contribution used for plan purposes.
|Simple Plan Deferral Limit||$12,500||$12,500|
|Social Security Wage Base||$118,500||$127,200|
|Total Contribution Limit
The maximum contribution that an individual can receive during the year, considering all sources (deferral, match, profit sharing, safe harbor, etc.)
|Defined Benefit Limit||$210,000||$215,000|