Annual Benefit & Limits

Type of Limitation

2018

2017

2016

2015

2014

401(k) Elective Deferrals $18,500 $18,000 $18,000 $18,500 $17,500
Catch up amount $6,000 $6,000 $6,000 $6,000 $5,500
² Defined Benefit Plans $220,000 $215,000 $210,000 $210,000 $210,000
² Defined Contribution Plans $55,000 $54,000 $53,000 $53,000 $52,000
Annual Compensation Limit $275,000 $270,000 $265,000 $265,000 $260,000
457(b)(2) and
457(c )(1) Limits
$18,500 $18,000 $18,000 $18,000 $17,500
Highly Compensated
($80,000 index)
$120,000  $120,000 $120,000 $120,000 $115,000
SIMPLE Plans $12,500 $12,500 $12,500 $12,500 $12,000
SIMPLE Plan
catch up amount
$3,000 $3,000 $3,000 $3,000 $2,500
SEP Coverage $600 $600 $600 $600 $550
SEP Compensation $275,000 $270,000 $265,000 $265,000 $260,000
Key employee
officer threshold
$175,000 $175,000 $170,000 $170,000 $170,000
Income Subject to
Social Security Tax
$128,700 $127,200 $118,500 $118,500 $117,000
Tax Credit ESOP
Threshold Balance
$1,105,000 $1,080,000 $1,070,000 $1,070,000 $1,050,000
Amount for Lengthening
of 5-Year ESOP Period
$220,000  $215,000 $210,000 $210,000 $210,000


²Effective for limitation years ending in calendar year