2017 Cost of Living Adjustments

 The 2016 and 2017 limits are as follows:

Type of Limit                                                          2016                 2017

 401(k) deferral limit                                                $18,000           $18,000

401(k) catch-up                                                            $6,000            $6,000

Defined contribution plan maximum limit          $53,000           $54,000

Qualified plan compensation limit                      $265,000         $270,000

Highly compensated employee                            $120,000         $120,000

OASDI wage base                                                    $118,500         $127,200