Maximum Allowable Contributions 2018

11.20.17 | Employee Benefits, Personal Finance

Here is the latest IRS information concerning Maximum Allowable Contributions (MAC) limits for calendar year 2018.

-The normal calendar year limit for 403(b), 457(b) and 401(k) plans will increase from $18,000 to $18,500 for 2018.

-The age-based additional amount (age 50 by 12/31/2018) will remain unchanged at $6,000 for 2018.

-Any other catch-up options that may be applicable to your Plan(s) remain unchanged.

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