qualified retirement plan consultants
Annual Plan Limits

annual plan limits

Contribution Limits for Retirement Plans
  2017 2016 2015
Compensation $270,000 $265,000 $265,000
Limits on benefits and contributions:
Defined contribution plans $54,000 $53,000 $53,000
401(k) $18,000 $18,000 $18,000
Catch-up contribution limits:
401(k) $6,000 $6,000 $6,000
"Highly Compensated" definition:
  $120,000 $120,000 $120,000
"Key Employee" definition:
Officer $175,000 $170,000 $170,000
Social Security:
Taxable wage base $127,200 $118,500 $118,500