Provision |
2018 |
2017 |
2015-2016 |
|---|---|---|---|
| DC Plan 415(c)(1)(A) Additions | $55,000 | $54,000 | $53,000 |
| 401(k)/403(b) SARSEP Elective Deferrals | $18,000 | $18,000 | $18,000 |
| 457 Deferrals | $18,000 | $18,000 | $18,000 |
| Age 50 Catch-Ups for 401(k), 403(b) and 457 Plans | $6,000 | $6,000 | $6,000 |
| Key Employee Income Definition | $175,000 | $175,000 | $170,000 |
| Highly-Compensated Employee Income Definition | $120,000 | $120,000 | $120,000 |
| Compensation Limit for Contribution Purposes in accordance with IRC Section 401(a)(17) for Non-Gov. Plan Sponsors | $275,000 | $270,000 | $265,000 |
| Compensation Limit for Contribution Purposes in accordance with IRC Section 401(a)(17) for Governmental Plan Sponsors | $405,000 | $400,000 | $395,000 |
| Maximum Adjusted Gross Income for Saver’s Credit |
$63,000 $31,500 $47,250 |
$62,000 $31,000 $46,500 |
$61,000 $30,500 $46,125 |
| SIMPLE Retirement Accounts | $12,500 | $12,500 | $12,500 |
| Compensation for SEPs | $600 | $600 | $600 |
| Earning Subject to OASDI Tax | $128,700 | $127,200 | $118,500 |
Source: Internal Revenue Service