| Type of Limitation |
2018 |
2017 |
| Elective Deferrals (401(k), 403(b), 457(b)(2) and 457(c)(1)) |
$18,500 |
$18,000 |
| Section 414(v) Catch-Up Deferrals to 401(k), 403(b), 457(b), or SARSEP Plans (457(b)(3) and 402(g) provide separate catch-up rules to be considered as appropriate) |
$6,000 |
$6,000 |
| SIMPLE 401(k) or regular SIMPLE plans, Catch-Up Deferrals |
$3,000 |
$3,000 |
| 415 limit for Defined Benefit Plans |
$220,000 |
$215,000 |
| 415 limit for Defined Contribution Plans |
$55,000 |
$54,000 |
| Annual Compensation Limit |
$275,000 |
$270,000 |
| Annual Compensation Limit for Grandfathered Participants in Governmental Plans Which Followed 401(a)(17) Limits (With Indexing) on July 1, 1993 |
$405,000 |
$400,000 |
| Highly Compensated Employee 414(q)(1)(B) |
$120,000 |
$120,000 |
| Key employee in top heavy plan (officer) |
$175,000 |
$175,000 |
| SIMPLE Salary Deferral |
$12,500 |
$12,500 |
| Tax Credit ESOP Maximum balance |
$1,105,000 |
$1,080,000 |
| Amount for Lengthening of 5-Year ESOP Period |
$220,000 |
$215,000 |
| Taxable Wage Base |
$128,400 |
$127,200 |
| IRAs for individuals 49 and below |
$5,500 |
$5,500 |
| IRAs for individuals 50 and above |
$6,500 |
$6,500 |
| FICA Tax for employees and employers |
7.65% |
7.65% |
| Social Security Tax for employees and employers |
6.20% |
6.20% |
| Medicare Tax for employers and employees |
1.45% |
1.45% |
| Additional Medicare Tax* |
.9% of comp >$200,000 |
.9% of comp >$200,000 |
888-401kinc 
