The IRS recently announced cost-of-living adjustments for 2017. Below is a list of some of the key annual limits that will apply to qualified retirement plans in 2017: Compensation limit in calculating a participant?ÇÖs benefit accruals: increased to $270,000. Elective deferrals to 401(k) and 403(b) plans: remains unchanged at $18,000. Annual additions to a defined contribution plan: increased to $54,000. Catch-up contributions for employees aged 50 and over to 401(k) and 403(b) plans: remains unchanged at $6,000. Annual benefit limit for a defined benefit plan: increased to $215,000. Compensation dollar limit for defining a ?Ç£key employee?Ç¥ in a top heavy plan: increased to $175,000. Compensation dollar limit for defining a ?Ç£highly compensated employee?Ç¥: remains unchanged at $120,000. The full list of 2017 plan limits can be found in IRS Notice 2016-62.