| Limit Description | IRC § | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|
| Maximum Contribution - Defined Contribution Plan | 415(c) | $54,000 | $53,000 | $53,000 | $52,000 |
| Maximum Annual Benefit - Defined Benefit Plan | 415(b) | $215,000 | $210,000 | $210,000 | $210,000 |
| Salary Deferral | 402(g) | $18,000 | $18,000 | $18,000 | $17,500 |
| Catch-Up Deferral - age 50+ | 414(v) | $6,000 | $6,000 | $6,000 | $5,500 |
| Plan Compensation | 401(a)(17) | $270,000 | $265,000 | $265,000 | $260,000 |
| Highly Compensated Employee | 414(q) | $120,000 | $120,000 | $120,000 | $115,000 |
| Key Employee (officer) | 416(i) | $175,000 | $170,000 | $170,000 | $170,000 |
| Social Security Taxable Wage Base | 401(l) | $127,200 | $118,500 | $118,500 | $117,000 |
| Income Limit for Saver's Tax Credit (based on filing status) Single Single, Head of Household Married | 25B | $31,000 $46,500 $62,000 | $30,750 $46,125 $61,500 | $30,500 $45,750 $61,000 | $30,000 $45,000 $60,000 |
| SIMPLE's & IRA's Limit Description | IRC § | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|
| SEP/SIMPLE Annual Addition | 415(c) | $54,000 | $53,000 | $53,000 | $52,000 |
| SIMPLE Salary Deferral | 408(p) | $12,500 | $12,500 | $12,500 | $12,000 |
| SIMPLE Catch-Up Deferral - age 50+ | 414(v) | $3,000 | $3,000 | $3,000 | $2,500 |
| Income Limit for Saver's Tax Credit (based on filing status) Single Single, Head of Household Married | 25B | $31,000 $46,500 $62,000 | $30,750 $46,125 $61,500 | $30,500 $45,750 $61,000 | $30,000 $45,000 $60,000 |
| IRA | 219(b) | $5,500 | $5,500 | $5,500 | $5,500 |
| IRA Catch-Up - age 50+ | 219(b) | $1,000 | $1,000 | $1,000 | $1,000 |
| Income Limit for Traditional IRA (based on filing status) Single Single, Head of Household Married | 219(g) | $72,000 $72,000 $119,000 | $71,000 $71,000 $118,000 | $71,000 $71,000 $118,000 | $70,000 $70,000 $116,000 |
| Income Limit for Roth IRA (based on filing status) Single Single, Head of Household Married | 408A(c) | $133,000 $133,000 $196,000 | $132,000 $132,000 $194,000 | $131,000 $131,000 $193,000 | $129,000 $129,000 $191,000 |
