If you're looking for the contribution limits be sure to check out the IRS web page here.
For your convince you can find information below. Be sure to check the provided resource to ensure that you are receiving the most updated information.
The below table was last updated on 21-Oct-2015
| 2016 | 2015 | 2014 | |||
|
IRAs |
|||||
| IRA Contribution Limit | $5,500 | $5,500 | $5,500 | ||
| IRA Catch-Up Contributions | 1,000 | 1,000 | 1,000 | ||
|
IRA AGI Deduction Phase-out Starting at |
|||||
| Joint Return | 98,000 | 98,000 | 96,000 | ||
| Single or Head of Household | 61,000 | 61,000 | 60,000 | ||
|
SEP |
|||||
| SEP Minimum Compensation | 600 | 600 | 550 | ||
| SEP Maximum Contribution | 53,000 | 53,000 | 52,000 | ||
| SEP Maximum Compensation | 265,000 | 265,000 | 260,000 | ||
|
SIMPLE Plans |
|||||
| SIMPLE Maximum Contributions | 12,500 | 12,500 | 12,000 | ||
| Catch-up Contributions | 3,000 | 3,000 | 2,500 | ||
|
401(k), 403(b), Profit-Sharing Plans, etc. |
|||||
| Annual Compensation | 265,000 | 265,000 | 260,000 | ||
| Elective Deferrals | 18,000 | 18,000 | 17,500 | ||
| Catch-up Contributions | 6,000 | 6,000 | 5,500 | ||
| Defined Contribution Limits | 53,000 | 53,000 | 52,000 | ||
| ESOP Limits |
1,070,000 210,000 |
1,070,000 210,000 |
1,050,000 210,000 |
||
|
Other |
|||||
| HCE Threshold | 120,000 | 120,000 | 115,000 | ||
| Defined Benefit Limits | 210,000 | 210,000 | 210,000 | ||
| Key Employee | 170,000 | 170,000 | 170,000 | ||
| 457 Elective Deferrals | 18,000 | 18,000 | 17,500 | ||
| Control Employee (board member or officer) | 105,000 | 105,000 | 105,000 | ||
| Control Employee (compensation-based) | 215,000 | 215,000 | 210,000 | ||
| Taxable Wage Base | 118,500 | 118,500 | 117,000 | ||
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