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IRS Retirement Plan Limits

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On October 21, 2015, the Internal Revenue Service announced there were no cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2016.
  2016
Maximum Annual §415 Payout at Age 62 from a Defined Benefit Plan $210,000
Maximum Annual Contribution to an Individual's Defined Contribution Account under §415(c) $53,000
Maximum Elective §401(k) and §403(b) Deferrals $18,000
§457 Deferral Limit
$18,000
§401(k) and §403(b) Catch-Up Limit for Individuals Age 50 and Older
$6,000
Maximum Amount of Annual Compensation that Can Be Taken into Account for Determining Benefits or Contributions under a Qualified Plan $265,000
§414(q) Test to Identify Highly Compensated Employees $120,000
Compensation Limit under §401(a)(17) for Public Sector Plans that Were Able to Grandfather the Old Dollar Limit $395,000
Cost-of-Living Adjustment (COLA) for the 100 Percent-of-Pay Limit under §415 1.55%