Retirement Plan Limits for -

The Internal Revenue service has recently announced the cost-of-living adjustments applicable to dollar limitations for tax qualified retirement plans.  The limits are generally effective January 1, of the current year.  The limits are as follows:

Deferral Limits



Maximum 403(b), 457(b) & 401(k) Contributions



Maximum 401(k) Catch-Up Contribution



Simple IRA Maximum

Simple IRA Catch-Up





Benefit Limits



IRC 415(c) Defined Contribution



415(b) Defined Benefit






Compensation Limits 



Maximum Compensation Limit



Highly Compensated Employee



Key Employee Compensation for Top Heavy






Social Security



Social Security Wage Base (OASDI basis)



The above does not constitute, and should not be considered to be, legal or tax advice.  The tax rules are complicated and their impact on a particular individual may differ depending on the individuals specific circumstances.  Please consult with a legal or tax advisor regarding your specific situation.