Annual Plan Limits Chart

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Annual Plan Limits Chart 2017-03-23T21:51:53+00:00
Limits on Benefits and Contributions*
Defined contribution plans
Defined benefit plans
401(k), 403(b) and 457 plan elective deferrals
SIMPLE plan elective deferrals
Catch-up Contributions
401(k), 403(b) and 457 plans
SIMPLE plans
“Highly Compensated” definition*$120,000$120,000$120,000$115,000
“Key Employee” definition
1% owner*
$150,000$150,000 $150,000$150,000
Social Security
Taxable wage base
Social Security tax rate
Medicare tax rate
Combined tax rate
Section 132
Mass Transit (monthly)
Parking (monthly)
$255$255$250 $250
Section 125
Dependent Care (per family)
Health Care (per person)

*For Plans that are on an off-calendar year, compensation is based on the annual limits in effect at the beginning of the Plan Year while contribution limits are based on the annual limits in effect at the end of the Plan Year.

**Changed from $125 as part of the Taxpayer Relief Act of 2012, effective retroactively to 2012.

***Changed as part of the Consolidated Appropriations Act signed on December 18, 2015.