Contribution Limits

The following table summarizes contribution limits for individual investors.1 For more information, visit IRS.gov.

CategoryPlan TypeDollar Limit for:20172018
IRA Traditional IRA; Roth IRA Contribution maximum $5,500 $5,500
Traditional IRA; Roth IRA Age 50+ catch-up $1,000 $1,000
Employer-Sponsored IRA SEP IRA Contribution maximum $54,000 $55,000
SAR-SEP Deferral limit $18,000 $18,500
SAR-SEP Age 50+ catch-up $6,000 $6,000
SIMPLE IRA Deferral limit $12,500 $12,500
SIMPLE IRA Age 50+ catch-up $3,000 $3,000
Employer-Sponsored Plan 401(k); 403(b); 457 Deferral limit $18,000 $18,500
401(k); 403(b); 457 Age 50+ catch-up2 $6,000 $6,000
Defined Benefit Defined Benefit $215,000 $220,000
Profit Sharing; Money Purchase; 401(k); 403(b); 457; Defined Benefit Maximum compensation for plan purposes $270,000 $275,000
Profit Sharing; Money Purchase; 401(k); 403(b); 457; Defined Benefit Meeting definition of highly compensated $120,000 $120,000
Profit Sharing; Money Purchase; 401(k); 403(b); 457; Defined Benefit Meeting definition of key employee $175,000 $175,000
Profit Sharing; Money Purchase; 401(k); 403(b); 457; Defined Benefit Taxable wage base (SSI) $127,200 $128,400
Profit Sharing; Money Purchase; 401(k); 403(b); 457 Annual additions limit (415 limit) $54,000 $55,000

Small Businesses Retirement Plans

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