Benefit Flash

Contribution & Benefit Limits 2016 Limit 2017 Limit Section 401(k), 403(b), or 457(b) annual deferral $18,000 $18,000 SIMPLE plan annual deferral $12,500 $12,500 Section 415 maximums Annual benefit from defined $210,000 $210,000 benefit plan Annual additions to defined contribution plan $53,000 $54,000 Maximum IRA contribution $5,500 $5,500 Catch-up contribution limits Retirement plan $6,000 $6,000 SIMPLE plan …

“Before we began working with TBC, we did not realize the extent of innovation available in the marketplace. We assumed that we were getting the best results through the traditional RFP process. TBC opened our eyes to new possibilities and delivered on all of their promises.”