|2017 Retirement Plan Contribution Limits|
|Plan Type||Under Age 50||Over Age 50|
|401(k), 403(b), most 457, Salary Reduction SEP||$18,000||$24,000|
|Phase Outs||Phase Out Range|
|Traditional IRA Deduction Phase Outs:||Modified Adjustment Income|
|Married Filing Joint||$99,000||$119,000|
|Married Filing Joint - One Spouse is Covered at Work||$186,000||$196,000|
|Single Or Head of Household||$62,000||$72,000|
|Married or Filing Separately||$10,000|
|Roth IRA Contribution Phase Outs:||Modified Adjustment Income|
|Married Filing Joint||$186,000||$196,000|
|Employer-sponsored plans may have additional contribution limits. Not all employer plans allow the higher contributions amount for those aged 50 and older.
The IRA limitation caps a person's combined contributions to traditional and Roth IRAs for the year.