The Internal Revenue Service has announced the 2017 annual dollar limitations on benefits, contributions, and compensation. The key limits for 2017 (as well as the limits that applied in 2016) are listed in the table below:

Code Section Limit 2017 2016
§401(a)(17)(A) Annual Compensation $270,000 $265,000
§402(g)(1)(B) 401(k)/403(b) Elective Deferrals $18,000 $18,000
§414(q)(1)(B)(i) Highly Compensated Employees $120,000 $120,000
§414(v)(2)(B)(i) Age 50+ "Catch-Up" Contributions $6,000 $6,000
§415(b)(1)(A) DB Annual Benefits $215,000 $210,000
§415(c)(1)(A) DC Annual Additions $54,000 $53,000
§416(i)(1)(A)(i) Key Employee/Officer $175,000 $170,000
§457(e)(15)(A) 457(b) Elective Deferrals $18,000 $18,000
§223(b)(2) HSA Annual Contribution Levels
Individual $3,400 $3,350
Family $6,750 $6,750
Social Security Wage Base $127,200 $118,500