IRS Announces 2017 Retirement Plan Dollar Limits
The IRS recently announced cost-of-living adjustments for 2017 in Notice 2016-62. The key dollar limits, along with last year’s limits, are noted below. Maximum Qualified Retirement Plan Dollar Limits 2016 2017 Limit on Section 401(k) deferrals (Section 402(g)) $18,000 $18,000 Dollar limitation for catch-up contributions (Section 414(v)(2)(B)(i)) $6,000 $6,000 Limit on deferrals for government […]
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Tagged: adjustments, COLA, cost-of-living, dollar limits, notice 2016-62, qualified retirement plan dollar limits
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Matthew P. Chiarello
Partner