Annual Retirement Plan Limits

U.S. tax laws place limits on the dollar amount of contributions to retirement plans and IRAs and the amount of benefits under a pension plan. The Internal Revenue Code (IRC) requires the limits to be adjusted annually for cost-of-living increases. The Retirement Plan Company is pleased to present this table for your convenience.

 

Annual Compensation and Contribution Limits for Qualified Retirement Plans
2018 2017 2016 2015
401(k) and 403(b) Deferral Limit 18,500 18,000 18,000 18,000
457 Deferral Limit 18,500 18,000 18,000 18,000
401(k), 403(b), 457 Catch-up Contribution Limit 6,000 6,000 6,000 6,000
SIMPLE Deferral Limit 12,500 12,500 12,500 12,500
SIMPLE Catch-up Contribution Limit 3,000 3,000 3,000 3,000
Annual Compensation Limit 275,000 270,000 265,000 265,000
Defined Benefit 415 Limit 220,000 215,000 210,000 210,000
Defined Contribution 415 Limit 55,000 54,000 53,000 53,000
Dollar Limit for HCEs 120,000 120,000 120,000 120,000
Dollar Limit for Key Employee 175,000 175,000 170,000 170,000
Social Security Taxable Wage Base 128,700 127,200 118,500 118,500