Question: What is the limit in 2017? Why are there limits? IRS Limits Class, Attached is a link to the IRS regarding 401K Plans. The Contribution

What is the limit in 2017? Why are there limits?

IRS Limits

Class,

Attached is a link to the IRS regarding 401K Plans. The Contribution Limit for Calendar Year 2015 and 2016 = $18,000.

http://www.irs.gov/Retirement-Plans/Plan-Participant,-Employee/Retirement-Topics-401k-and-Profit-Sharing-Plan-Contribution-Limits

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