Plan Limits:

Plan Limits

  2017

2018

401(k) Employee Deferral Contribution Limit

 $18,000

$18,500

401(k) “Catch Up” Contribution Limit       

 $6,000

$6,000

SIMPLE Plan Employee Contribution Limit 

 $12,500

$12,500

Annual Defined Benefit Plan Limit

 $215,000

$220,000

Annual Defined Contribution Plan Limit    

 $54,000

$55,000

Annual Compensation Limit  

 $270,000

$275,000

Highly Compensated Employee Limit    

 $120,000

$120,000

Social Security Wage Base     

 $127,200

$128,400