The IRS has announced the 2018
cost-of-living adjustments (COLAs) to applicable dollar limitations for
retirement plans. Please contact your Vanguard Retirement Plan Access Client
Service Team if you have questions about the adjustments.
Retirement Plan Limitation
|
2017
|
2018
|
402(g)(1) salary deferral limit
|
$18,000
|
$18,500
|
Catch-up contribution
|
$6,000
|
$6,000
|
415(c)(1)(A) annual additions limit (defined
contribution plans)
|
$54,000
|
$55,000
|
415(b)(1)(A) annual benefit limit (defined
benefit plans)
|
215,000
|
220,000
|
Key Employee Officer amount
|
$175,000
|
$175,000
|
Highly Compensated Employee (HCE)
|
$120,000
|
$120,000
|
SIMPLE plan salary deferral limit
|
$12,500
|
$12,500
|
SIMPLE plan catch-up contribution
|
$3,000
|
$3,000
|
Annual compensation cap
|
$270,000
|
$275,000
|
Social Security taxable wage base
|
$127,200
|
$128,700
|
SEP plan minimum compensation amount
|
$600
|
$600
|
