2017 Contribution and Benefit Limits

In October 2016, the IRS released the cost-of-living adjustments for various retirement plan limitations that will take effect on January 1, 2017. 

Provision   2017   2015 - 2016   2014  
DC Plan 415(c)(1)(A) Additions $54,000 $53,000 $52,000
401(k)/403(b) SARSEP Elective Deferrals  $18,000  $18,000 $17,500
457 Deferrals $18,000 $18,000 $17,500
Age 50 Catch-Ups for 401(k), 403(b) and 457 Plans $6,000 $6,000 $5,500
Key Employee Income Definition $175,000 $170,000 $170,000
Highly-Compensated Employee Income Definition $120,000 $120,000 $115,000
Compensation Limit for Contribution Purposes in accordance with IRC Section 401(a)(17) for Non-Gov. Plan Sponsors $270,000 $265,000 $260,000
Compensation Limit for Contribution Purposes in accordance with IRC Section 401(a)(17) for Governmental Plan Sponsors   $400,000 $395,000 $385,000
Maximum Adjusted Gross Income for Saver's Credit $62,000 (joint) $31,500 (single) $46,5000 (HoH) $61,000 (joint) $30,500 (single) $46,125 (HoH) $60,000 (joint) $30,000 (single) $45,000 (HoH)
SIMPLE Retirement Accounts $12,500 $12,500 $12,000
Compensation for SEPs $600 $600 $550
Earning Subject to OASDI Tax $127,200 $118,500 $117,000
Sources: Internal Revenue Service em>