Plan Limit increases for 2018

The IRS released the new dollar limit amounts for 2018 yesterday, and there are quite a few changes from 2017! 

  • The Maximum Defined Benefit Plan Benefit increases to $220,000 from $215,000.
  • The Maximum Defined Contribution Annual Addition increases to $55,000 from $54,000.
  • The Salary Deferral Limit increases to $18,500 from $18,000.
  • The Maximum Compensation for Retirement Plan Purposes increases to $275,000 from $270,000.
  • The Social Security Taxable Wage Base increases to $128,400 from $127,200.
  • The 457(b) Contribution Limit increases to $18,500 from $18,000.
  • The ESOP 5-year Distribution FActor increases to $220,000 from $215,000.
  • The ESOP Account Balance increases to $1,105,000 from $1,080,000.

For the full details and all of the limits, you can find them at the IRS.gov website here.

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Why Swerdlin?

Although we have clients nationwide, we're still a family company at heart. 

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Our Services

Swerdlin provides services for all types of retirement and cafeteria plans to clients nationwide. Learn how we can help you!

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Resources

Click here for our collection of forms, calculators, useful links, and frequently asked questions.

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Our Values

Balance. Integrity. Relationships. Development. 

Why Swerdlin?

Although we have clients nationwide, we're still a family company at heart. 

Our Services

Swerdlin provides services for all types of retirement and cafeteria plans to clients nationwide. Learn how we can help you!

Resources

Click here for our collection of forms, calculators, useful links, and frequently asked questions.

Our Values

Balance. Integrity. Relationships. Development.