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2018 Plan Limits

The Internal Revenue Service has announced 2018 Pension Plan Limitations. Among other changes, the contribution limit for employees who participate in a 401(k) or 403(b) plan increased from $18,000 to $18,500.

Category
2018
Elective Deferral Limit for 401(k) and 403(b) Plans
$18,500
415 Annual Additions Limit for Defined Contribution Plans
$55,000
415 Limit on Annual Benefits for Defined Benefit Plans
$220,000
Catch-up Contribution Limit
$6,000
Annual 401(a)(17) Compensation Limit
$275,000
Highly Compensated Employee Limit
$120,000
SIMPLE Retirement Plan Contribution Limit
$12,500
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