DB Plan 415 Limits

In a defined benefit plan, the annual benefit amount and potential lump sum payment to sole proprietors and partnership owners especially, may be limited by IRC Section 415. The table below approximates the annual applicable limits.

Compensation Limit: 270,000
Benefit Limit: 215,000
Mortality: IRC 417(e) Lump Sum Table for 2017

ESTIMATED MAXIMUM FUNDING
Age Benefit Lump Sum
70 270,000 276,163
69 270,000 284,393
68 269,569 291,991
67 249,720 277,761
66 231,607 264,226
65 215,000 251,353
64 215,000 257,309
63 215,000 263,137
62 215,000 268,878
61 200,351 255,787
60 186,863 243,337
59 174,448 231,494
58 163,012 220,231
57 152,458 209,518
56 142,705 199,328
55 133,669 189,637
54 125,299 180,419
53 117,548 171,652
52 110,362 163,314
51 103,693 155,382
50 97,500 147,839
49 91,740 140,664
48 86,376 133,839
47 81,377 127,348
46 76,712 121,174
45 72,354 115,302
44 68,279 109,716
43 64,464 104,402
42 60,890 99,348
41 57,538 94,540
40 54,392 89,967
39 51,439 85,617
38 48,663 81,478
37 46,053 77,541
36 43,597 73,795
35 41,283 70,232
34 39,103 66,842
33 37,047 63,617
32 35,107 60,548
31 33,277 57,629
30 31,548 54,851
29 29,915 52,208
28 28,373 49,693
27 26,916 47,300
26 25,539 45,023