2018 Plan Limits

401(k) Plan Limits for Plan Year

2018

2017

2016

 

401(k) Elective Deferrals

$    18,500

$   18,000

$   18,000

Annual Defined Contribution Limit

$    55,000

$   54,000

$   53,000

Annual Compensation Limit

$  275,000

$ 270,000

$ 265,000

Age 50 Catch-Up Contribution Limit

$     6,000

$    6,000

$    6,000

Highly Compensated Employees

$  120,000

$ 120,000

$ 120,000

 

 

 

 

Non 401(k) Related Limits

 

 

 

403(b) / 457 Elective Deferrals / SEP

$   18,500

$   18,000

$   18,000

SIMPLE Employee Deferrals

$   12,500

$   12,500

 12,500

SIMPLE Catch-Up Deferral / SEP

$     3,000

$     3,000

$     3,000

SEP Minimum Compensation

$       600

$       600

$       600

SEP Annual Compensation Limit

$ 275,000

$ 270,000

$ 265,000

Social Security Wage Base

$ 128,700

127,200

 

$ 118,500

 

Defined Benefit Limit

$ 220,000

$ 215,000

$ 210,000