Current Contribution Limits

The table below summarizes retirement plan contribution limits for 2017 and 2018. Please contact us if you have any questions or would like to schedule an appointment.

401K Plan Limits 2018 2017
401k Elective Deferrals $18,500 $18,000
Annual Defined Contribution Limit $55,000 $54,000
Annual Compensation Limit $275,000 $270,000
Catch-Up Contribution Limit $6,000 $6,000
Highly Compensated Employees $120,000 $120,000
Non-401k Related Limits 2018 2017
403b/457 Elective Deferrals  $18,500  $18,000
SIMPLE Employee Deferrals  $12,500  $12,500
SIMPLE Catch-Up Deferral  $3,000  $3,000
SEP Minimum Compensation  $600  $600
SEP Annual Compensation Limit  $275,000  $270,000
Social Security Wage Base  $128,700  $127,200