401(k) indexed limits effective 2016


  • Annual Compensation Limit $ 265,000
    Defined Contribution Plan Contribution $ 53,000
    Maximum salary deferral into a 401(k) plan, SARSEP, or 403(b) $ 18,000
    Catch-Up Elective Deferrals (applies to participants age 50 or older) Progressive Limitation $ 6,000
    Highly Compensated Employee $ 120,000
    Defined Benefit Plan Benefit $ 210,000
    Social Security Wage Base $ 118,500
    Medicare Wage Base Unlimited