Source: http://www.occapa.com/2017/01/2440/
Timestamp: 2017-08-18 12:28:17
Document Index: 37886875

Matched Legal Cases: ['§415', '§415', '§401', '§404', '§408', '§408', '§416', '§414', '§401', '§414', '§414', '§1', '§1']

401(k) Deferral, Over-50 Catch-Up Contribution Limits Unchanged for 2017 | Orange County Chapter, American Payroll Association (OCCAPA)
• The limit on annual additions to defined contribution plans under §415(c)(1)(A) increases to $54,000 (from $53,000).
• The limit on the annual benefit under a defined benefit plan contained in §415(b)(1)(A) increases to $215,000 (from $210,000).
• The annual compensation limit under §401(a)(17), §404(l), §408(k)(3)(C), and §408(k)(6)(D)(ii) increases to $270,000 (from $265,000).
• The limitation under §416(i)(1)(A)(i) concerning the definition of “key employee” in a top-heavy plan increases to $175,000 (from $170,000).
• The limitation under §414(v)(2)(B)(i) for catch-up contributions to §§401(k), 403(b), and 457(b) plans for individuals age 50 or over remains unchanged at $6,000; the limitation under §414(v)(2)(B)(ii) for catch-up contributions to an employer’s SIMPLE plan for individuals age 50 or over remains unchanged at $3,000.
• The limitation used in the definition of “highly compensated employee” under §414(q)(1)(B) remains unchanged at $120,000.
• The compensation amount under federal regulation §1.61-21(f)(5)(i), concerning the definition of “control employee” for fringe benefit purposes, remains unchanged at $105,000. The compensation amount under §1.61-21(f)(5)(iii) remains unchanged at $215,000.
Trump Administration Releases 2018 Fiscal Budget Proposal
IRS Releases 2017 Form 941, Schedule B, Schedule R, and Instructions
National Payroll Week — September 4-8, 2017
2017 CPP/FPC Fall Boot Camp
28th Southern California Payroll Focus Day