Carol V. Calhoun Posted October 21, 2015 Posted October 21, 2015 On October 21, 2015, the IRS issued IRS News release 2015-118, announcing the changes in pensions and benefits limits for 2016. Most limits were unchanged. An updated chart, showing these limits for 1996 to 2016, is available by clicking here. Employee benefits legal resource site The opinions of my postings are my own and do not necessarily represent my law firm's position, strategies, or opinions. The contents of my postings are offered for informational purposes only and should not be construed as legal advice. A visit to this board or an exchange of information through this board does not create an attorney-client relationship. You should consult directly with an attorney for individual advice regarding your particular situation. I am not your lawyer under any circumstances.
leighl Posted July 21, 2016 Posted July 21, 2016 Hi! For total contributions, is a 457(b) governmental plan limited to $18,000 plus applicable catch-up as outlined in the document? I just want to be sure.
John Feldt ERPA CPC QPA Posted August 5, 2016 Posted August 5, 2016 Yes, that is the limit for 2016 for a 457(b) plan for employee and employer contributions combined, disregarding any catch-ups.
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