Broker Check

IRS Limits

COLA Dollar Limitations on Benefits and Contributions

http://www.irs.gov/Retirement-Plans/COLA-Increases-for-Dollar-Limitations-on-Benefits-and-Contributions

 201920182017

IRAs

IRA Contribution Limit$6,000$5,500$5,500
IRA Catch-Up Contributions1,0001,0001,000

IRA AGI Deduction Phase-out Starting at

Joint Return103,000101,00099,000
Single or Head of Household64,00063,00062,000

SEP

SEP Minimum Compensation600600600
SEP Maximum Contribution56,00055,00054,000
SEP Maximum Compensation280,000275,000270,000

SIMPLE Plans

SIMPLE Maximum Contributions13,00012,50012,500
Catch-up Contributions3,0003,0003,000

401(k), 403(b), Profit-Sharing Plans, etc.

Annual Compensation280,000275,000270,000
Elective Deferrals19,00018,50018,000
Catch-up Contributions6,0006,0006,000
Defined Contribution Limits56,00055,00054,000
ESOP Limits

1,130,000

225,000

1,105,000

220,000

1,080,000

215,000

Other

HCE Threshold125,000120,000120,000
Defined Benefit Limits225,000220,000215,000
Key Employee180,000175,000175,000
457 Elective Deferrals19,00018,50018,000
Control Employee (board member or officer)110,000110,000105,000
Control Employee (compensation-based)225,000220,000215,000
Taxable Wage Base132,900128,400127,200