2017 Contribution and Benefit Limits

In October 2017, the IRS released the cost-of-living adjustments for various retirement plan limitations that will take effect on Jan. 1, 2018. The annual limits back to 2015 are provided below.
Provision   2018   2017   2015-2016  
DC Plan 415(c)(1)(A) Additions $55,000 $54,000 $53,000
401(k)/403(b) SARSEP Elective Deferrals  $18,500  $18,000 $18,000
457 Deferrals $18,500 $18,000 $18,000
Age 50 Catch-Ups for 401(k), 403(b) and 457 Plans $6,000 $6,000 $6,000
Key Employee Income Definition $175,000 $175,000 $170,000
Highly-Compensated Employee Income Definition $120,000 $120,000 $120,000
Compensation Limit for Contribution Purposes in accordance with IRC Section 401(a)(17) for Non-Gov. Plan Sponsors $275,000 $270,000 $265,000
Compensation Limit for Contribution Purposes in accordance with IRC Section 401(a)(17) for Governmental Plan Sponsors   $405,000 $400,000 $395,000
Maximum Adjusted Gross Income for Saver's Credit $63,000 (joint) $31,500 (single) $47,250 (HoH) $62,000 (joint) $31,000 (single) $46,500 (HoH) $61,000 (joint) $30,500 (single) $46,125 (HoH)
SIMPLE Retirement Accounts $12,500 $12,500 $12,500
Compensation for SEPs $600 $600 $600
Earning Subject to OASDI Tax $128,700 $127,200 $118,500
Sources: Internal Revenue Service