Accordingly,
- 401(k) or 403(b) Deferral Limit - $16,500 and Catch-Up Contribution Limit(Age 50 or older) - $5,500
- Simple IRA Account Deferral - $11,500 and Catch-Up Contribution Limit(Age 50 or older) - $2,500
- Maximum annual contribution to 401 (k) or SEP IRA - $49,000
- Maximum Compensation Limit - $245,000
