The elective deferrals limit under Section 402(g)(1) of the Internal Revenue Code (IRC) for employees who participate in a 401(k), 403(b) and most 457 plans is increased to $17,500 from $17,000.

The catch-up contribution limit for those aged 50 and over under IRC Section 414(v)(2)(B)(i) remains unchanged at $5,500.

The limitation on the annual benefit for a defined benefit plan under IRC Section 415(b)(1)(A) is increased to $205,000 from $200,000.

The limitation on annual additions to a participant's defined contribution plan under IRC Section 415(c)(1)(A) is increased to $51,000 from $50,000.

The annual compensation limit under IRC Section 401(a)(17) is increased to $255,000 from $250,000.

The limitation used in the definition of highly compensated employee under IRC Section 414(q)(1)(B) remains unchanged at $115,000.

For self-only coverage, health plans with an annual deductible not less than $2,150 and not more than $3,200 under which the annual out-of-pocket expenses required to be paid (other than for premiums) for covered benefits do not exceed $4,300.

For family coverage, health plans with an annual deductible that is not less than $4,300 and not more than $6,450, and under which the annual out-of-pocket expenses required to be paid (other than for premiums) for covered benefits do not exceed $7,850.