Retirement Plan Limits for 2018 The Internal Revenue service has recently announced the cost-of-living adjustments applicable to dollar limitations for tax qualified retirement plans. The limits are generally effective January 1, of the current year. The 2016 and 2017 limits are as follows:Deferral Limits20172018Maximum 403(b), 457(b) & 401(k) Contributions$18,000$18,500Maximum 401(k) Catch-Up Contribution$6,000$6,000Benefit LimitsIRC 415(c) Defined Contribution$54,000$55,000415(b) Defined Benefit$215,000$222,000 Compensation Limits Maximum Compensation Limit$270,000$275,000Highly Compensated Employee$120,000$120,000Key Employee Compensation for Top Heavy$170,000$175,000 Social Security Social Security Wage Base (OASDI basis)$127,200$128,700The above does not constitute, and should not be considered to be, legal or tax advice. The tax rules are complicated and their impact on a particular individual may differ depending on the individuals specific circumstances. Please consult with a legal or tax advisor regarding your specific situation.