3-Year COLA Summary
2017
2016
2015
18,000
18,000
18,000
Catch‐Up for 401(k), 403(b), SARSEP
and 457(b)
6,000
6,000
6,000
SIMPLE election maximum deferral
12,500
12,500
12,500
Catch‐Up for SIMPLE
3,000
3,000
3,000
DB ‐ annual benefit
215,000
210,000
210,000
DC ‐ annual contributions
54,000
53,000
53,000
IRA limit
5,500
5,500
5,500
IRA catch up
1,000
1,000
1,000
270,000
265,000
265,000
600
600
600
120,000
120,000
120,000
Officer Compensation
175,000
170,000
170,000
1% owner
150,000
150,000
150,000
Social Security
127,200
118,50
118,500
Medicare
no limit
0 no
no limit
Plan/IRA Limits
401(k), 403(b) and SARSEP maximum
deferral [402(g)] / 457 maximum
deferral
Compensation Limits
Maximum compensation
SEP annual compensation floor
Highly Compensated Employees
Any employee compensation
Key Employees
Covered Compensation Limits
FICA and SECA tax rates
limit
OASDI (Er and Ee, each)
6.20%
6.20%
6.20%
Medicare (Er and Ee, each)
1.45%
1.45%
1.45%
Combined rate (Er and Ee, each)
7.65%*
7.65%
7.65%
OASDI (self‐employed)
12.40%
12.40%
12.40%
Medicare (self‐employed)
2.90%
2.90%
2.90%
Combined rate (self‐employed)
15.30%
15.30%
15.30%
ESOP Distribution
5
5
5
Threshold account balance IRC
409(o)(1)(C)
1,070,000
1,070,000
1,070,000
One year extension threshold
IRC 409(o)(1)(C)(ii)
210,000
210,000
210,000
5
5
5
Age 65/ 100% Paid
5,369.32
5,011.36
5,011.36
Age 64/ 93%
4,993.47
4,660.56
4,660.56
Age 63/ 86%
4,617.62
4,309.77
4,309.77
Age 62/ 79%
4,241.76
3,958.97
3,958.97
Age61/ 72%
3,865.91
3,608.18
3,608.18
Age 60/ 65%
3,490.06
3,257.38
3,257.38
Age 59/ 61%
3,275.29
3,056.48
3,056.48
Age 58/ 57%
3,060.51
2,856.48
2,856.48
Age 57/ 53%
2,845.74
2,656.02
2,656.02
Age 56/ 49%
Age 55/ 45%
2,630.97
2,416.19
2,455.57
2,255.11
2,455.57
2,255.11
Normal dist. Period (years)
Max. additional distribution periods
allowable (years)
Maximum PBGC ‐ Insured Annuity
ERISA Reg. 4022.23(c)
*The 7.65% tax rate is the combined rate for Social Security and Medicare. The Social Security portion
(OASDI) is 6.20% on earnings up to the applicable taxable maximum amount. The Medicare portion (HI) is
1.45% on all earnings. Also, as of January 2013, individuals with earned income of more than $200,000
($250,000 for married couples filing jointly) pay an additional 0.9% in Medicare taxes. The tax rates shown
above do not include the 0.9%.