IRS Announced the 2017 pension contribution limits

IRS Announced the 2017 pension contribution limits  On Thursday October 27th, 2016, IRS announced that the limit on elective deferral for contributions to 401(k) plans, 403(b) plans, most 457 plans, and the federal government’s Thrift Savings Plan remains $18,000 for 2017, and the catch-up contribution limit for those 50 and older remains $6,000 (Notice 2016-62). …read more