Stay Informed: 2017 IRS Limits

Find out how much you can save for retirement in 2017.

Review the IRS limits for 2017

The IRS has announced the 2017 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and most 457 plans, as well as income limits for IRA contribution deductibility. Additionally, 2018 contribution limits for Health Savings Accounts (HSAs) have also been announced. Please review an overview of the limits below.


401(k), 403(b), and most 457 plans
2016 2017
Age 49 and under $18,000 $18,000
Age 50 and older Additional $6,000 Additional $6,000


Roth and Traditional IRA contribution limits
2016 2017
Age 49 and under Up to $5,500 (must have employment compensation) Up to $5,500 (must have employment compensation)
Age 50 and older Additional $1,000 Additional $1,000


Traditional IRA modified adjusted gross income limit for partial deductibility
2016 2017
Single $61,000 - $71,000 $62,000 - $72,000
Married - Filing joint returns $98,000 - $118,000 $99,000 - $119,000
Married - Filing separately $0 - $10,000 $0 - $10,000
Non-active participant spouse $184,000 - $194,000 $186,000 - $196,000


Roth IRA modified adjusted gross income phase-out ranges*
2016 2017
Single $117,000 - $132,000 $118,000 - $133,000
Married - Filing joint returns $184,000 - $194,000 $186,000 - $196,000
Married - Filing separately $0 - $10,000 $0 - $10,000
*As of 2010, there is no income limit for taxpayers who wish to convert a traditional IRA to a Roth IRA.



Health Savings Account (HSA) contribution limits
2017 2018

Individual (employer + employee)

$3,400 $3,450

Family (employer +employee)

$6,750 $6,900
Age 55 or older** Additional $1,000 Additional $1,000

**Catch-up contributions can be made any time during the year in which the HSA participant turns 55.



Next Steps

If you are not saving to the max in your workplace savings plan today, consider increasing your contribution in 2017 to the IRS limit of $18,000 to help reach your retirement savings goals.

Visit the contribution page on NetBenefits to review your current contribution rate and update it if necessary.

Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917

600325.8.0