What Is The Compensation Limit For A Retirement Plan?

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   Steve Savant

   Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona

   There are several qualified defined contribution retirement plans, individual and employer sponsored. Here are a few examples of qualified retirement plan contribution: The compensation limits are a complex calculation.
   IRAs                                           $5,500
   401(k) and 403(b) Employee       $17,500
   457 Employee                            $17,500
   Catch-up Contribution                   $5,500
   Defined Contribution                   $51,000
   
   
   

   Answered on August 13, 2013

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