2018 Retirement Plan Limit Increases Announced
On Thursday, October 19th, the IRS announced new statutory limits for the upcoming 2018 year. The most important changes applicable to retirement plans are outlined below. After holding the line for a couple of years, the IRS increased the employee elective deferral limit (the ยง402(g) limit) from $18,000 to $18,500, for contributions to 401(k) and […]