Defined Benefit Plan Dollar Limit
IRC §415(b)(1)(A)
|
$205,000
|
$200,000
|
$195,000
|
$195,000
|
$195,000
|
Defined Contribution Plan Limit
IRC §415(c)(1)(A)
|
$51,000
|
$50,000
|
$49,000
|
$49,000
|
$49,000
|
401(k)/403(b) Elective Deferral Limit
IRC §402(g)(1)
|
$17,500
|
$17,000
|
$16,500
|
$16,500
|
$16,500
|
Governments/Tax-Exempts Deferral Limit
IRC §457(e)(15)
|
$17,500
|
$17,000
|
$16,500
|
$16,500
|
$16,500
|
401(k)/403(b)/457/SARSEP “Catch Up” Limit
IRC §414(v)(2)(B)(i)
|
$5,500
|
$5,500
|
$5,500
|
$5,500
|
$5,500
|
Annual Compensation Limit
IRC §§401(a)(17), 404(l)
|
$255,000
|
$250,000
|
$245,000
|
$245,000
|
$245,000
|
Highly Compensated Employee (HCE) Limit
IRC §414(q)(1)(B)
(Compensation exceeding limit will make someone an HCE next year.)
|
$115,000
|
$115,000
|
$110,000
|
$110,000
|
$110,000
|
Key Employee Officer Compensation
IRC §416(i)(1)(A)(i)
|
$165,000
|
$165,000
|
$160,000
|
$160,000
|
$160,000
|
SEP Minimum Compensation
IRC §408(k)(2)(C)
|
$550
|
$550
|
$550
|
$550
|
$550
|
SEP Compensation
IRC §408(k)(3)(C)
|
$255,000
|
$250,000
|
$245,000
|
$245,000
|
$245,000
|
SIMPLE Employee Contribution Limit
IRC §408(p)(2)(E)
|
$12,000
|
$11,500
|
$11,500
|
$11,500
|
$11,500
|
SIMPLE “Catch Up” Deferral Limit
IRC §414(v)(2)(B)(ii)
|
$2,500
|
$2,500
|
$2,500
|
$2,500
|
$2,500
|