CONNECT

Address:

4801 W. 110th St., Ste. 200
Overland Park, KS 66211

Phone:

(913) 648-5526

Fax/Other:

(913) 648-6798

2017 IRS Limits

IRS Limits on Benefits and Compensation 
 
 
 
 
2017
 
 
 
 
2016
 
 
 
 
2015
 
Defined contribution plan annual additions limit
 
 
$54,000
 
 
$53,000
 
 
$53,000
 
Maximum elective deferral for 401(k) and 403(b) plans
 
 
$18,000
 
 
$18,000
 
 
$18,000
 
Maximum deferral limit for Section 457 plans
 
 
$18,000
 
 
$18,000
 
 
$18,000
 
Highly compensated employee pay threshold
 
 
$120,000
 
 
$120,000
 
 
$120,000
 
Qualified plan compensation limit
 
 
$270,000
 
 
$265,000
 
 
$265,000
 
SIMPLE plan maximum elective deferral
 
 
$12,500
 
 
$12,500
 
 
$12,500
 
Social Security Taxable Wage Base
 
 
$127,200
 
 
$118,500
 
 
$118,500
 
Catch-up contribution (age 50 or older) for 401(k), 403(b) and 457 plans
 
 
 
$6,000
 
 
 
$6,000
 
 
 
$6,000
 
Catch-up contribution (age 50 or older) for SIMPLE 401(k)
 
 
$3,000
 
 
$3,000
 
 
$3,000
 
Defined Benefit Annual Plan Limit
 
 
$215,000
 
 
$210,000
 
 
$210,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Check the background of this financial professional on FINRA's BrokerCheck
Check the background of this financial professional on FINRA's BrokerCheck