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This chart details out the annual maximum amounts you can contribute to your 401(k).
Please keep in mind that the maximums include both the portion you contribute (employee contribution) and the amount coming from the MTD account (employer contribution).
| IRS 401(k)/Pension Plan Limits | 2016 limit | 2015 limit | 2014 limit |
|---|---|---|---|
| 401(k)/403(b) Employee Deferral Limit | $18,000 | $18,000 | $17,500 |
| 401(k)/403(b) Catch-up Contribution | $6,000 | $6,000 | $5,500 |
| Defined Contribution Dollar Limit | $53,000 | $53,000 | $52,000 |
| Compensation Limit | $265,000 | $265,000 | $260,000 |
| Highly Compensated Employee Income Limit | $120,000 | $120,000 | $115.000 |
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