Caps and Maximum Contribution Numbers

Plan Type 2018
2017
2016
2015
2014
401(k), 403(b), and SARSEP maximum deferral [402(g)] $18,500
$18,000
$18,000
$18,000
$17,500
457 maximum deferral 18,500
18,000
18,000
18,000
17,500
Catch-up for 401(k), 403(b), SARSEP, and 457 6,000
6,000
6,000
6,000
5,500
SIMPLE election maximum deferral 12,500
12,500
12,500
12,500
12,000
Catch-up for SIMPLE 3,000
3,000
3,000
3,000
2,500
Defined benefit – annual benefit 220,000
215,000
210,000
210,000
210,000
Defined contribution – annual contributions 55,000
54,000
53,000
53,000
52,000
IRA limit 5,500
5,500
5,500
5,500
5,500
IRA catch-up 1,000
1,000
1,000
1,000
1,000
Maximum compensation 275,000
270,000
265,000
265,000
260,000
SEP annual compensation floor 600
600
600
600
550
Highly-compensated employees – any employee compensation 120,000
120,000
120,000
120,000
115,000
Officer compensation 175,000
175,000
170,000
170,000
170,000
1% owner 150,000
150,000
150,000
150,000
150,000
Taxable wage base 128,400
127,200
118,500
118,500
117,000