October 28, 2016

Earlier this week, the Internal Revenue Service issued the various retirement plan limitations for 2017.  There are only a few changes to the most important numbers from 2016, including:

• Elective Deferral Limit       $18,000
• Catch-Up Contributions      $6,000
• 415 (Total) Plan Limit        $54,000
• Compensation Limit        $270,000

See an up-to-date chart that shows the historical limits from 2013 through 2017, and a reference to the IRS sources.

Learn More About Retirement Plan Limitations for 2017

For more information regarding these updates, please contact Matthew J. Flanary at 262-364-0253 or at mflanary@buelowvetter.com.