Annual Plan Limits

Each year the U.S. government adjusts the limits for qualified plans and Social Security to reflect cost of living adjustments and changes in the law. Many of these limits are based on the "plan year" as defined in the plan document. The elective deferral and catch-up limits are always based on the calendar year.

2017
2016
2015
2014
2013
2012
2011
2010
Annual Compensation Limit:

$270,000

$265,000

$265,000

$260,000

$255,000

$250,000

Limits on benefits:

Defined contribution plans

$54,000

$53,000

$53,000

$52,000

$51,000

$50,000

Defined benefit plans

$215,000

$210,000

$210,000

$210,000

$205,000

$200,000

Limits on Contributions:

401(k) plan elective deferrals

$18,000

$18,000

$18,000

$17,500

$17,500

$17,000

403(b) plan elective deferrals

$18,000

$18,000

$18,000

$17,500

$17,500

$17,000

457 plan elective deferrals

$18,000

$18,000

$18,000

$17,500

$17,500

$17,000

Simple plan elective deferrals

$12,500

$12,500

$12,500

$12,000

$12,000

$11,500

IRA

$6,000

$6,000

$6,000

$5,500

$5,500

$5,500

Over 50 Catch-up Contributions:

401(k) plan

$6,000

$6,000

$6,000

$5,500

$5,500

$5,500

403(b) plan

$6,000

$6,000

$6,000

$5,500

$5,500

$5,500

457 plan

$6,000

$6,000

$6,000

$5,500

$5,500

$5,500

Simple plan

$3,000

$3,000

$3,000

$2,500

$2,500

$2,500

IRA

$1,000

$1,000

$1,000

$1,000

$1,000

$1,000

Social Security Taxable wage base:

$127,200

$118,500

$118,500

$117,000

$113,700

$110,100

Highly Compensated definition:

$125,000

$120,000

$120,000

$115,000

$115,000

$115,000