The IRS has released the Annual Plan Limitations for 2018 for defined contribution and defined benefit plans. The 403(b), 457(b), & 401(k) elective deferral limits and other key limits for 2018 are listed below. For the list of all limits for 2018, please go to the IRS website:

 

 

 

2017 Limits 2018 Limits
Employee Elective Deferrals to the 403(b), 457(b) and 401(k) Plans $18,000 $18,500
Catch-Up Contributions (Age 50 or older) to the 403(b), 457(b) and 401(k) Plans (unchanged) $6,000 $6,000
Annual Addition Dollar Maximum
(applies to Employer-paid 401(a), 403(b) and 401(k) Plans)
$54,000 $55,000
Defined Benefit Dollar Maximum $215,000 $220,000
Highly Compensated Employee Threshold
(unchanged; applies mainly to 401(k) Plans)
$120,000 $120,000
Key Employee Threshold
(unchanged, applies mainly to 401(k) Plans)
$175,000 $175,000
Annual Compensation
(applies to almost all retirement plans)
$270,000 $275,000
Annual IRA contribution (unchanged) $5,500 $5,500
IRA catch-up contributions (age 50 and older; unchanged) $1,000 $1,000

Please contact Lindsey Alston, Sr. Regulatory and Compliance Specialist, at (512) 600-5270 or by email at lalston@tcgservices.com if you have questions regarding the limits.

 

 

TCG Administrators

 


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