| 2018 Limit | 2017 Limit | ||
|---|---|---|---|
| Contributions and Benefits | |||
| 401(k), 403(b) and 457(e)(15) maximum elective salary deferral | $18,500 | $18,000 | |
| SIMPLE plan maximum salary deferral | $12,500 | $12,500 | |
| Catch-up (age 50 or older) in 401(k), 403(b) and 457(b) | $6,000 | $6,000 | |
| Catch-up (age 50 or older) for SIMPLE plans | $3,000 | $3,000 | |
| Highly compensated employees (HCE) compensation limit (earned in prior year) | $120,000 | $120,000 | |
| Key employee (officer) compensation limit | $175,000 | $170,000 | |
| 401(a)(17) annual compensation limit for benefit purposes | $275,000 | $270,000 | |
| Code 415 Maximums | |||
| $220,000 | $215,000 | |
| $55,000 | $54,000 | |
| Employee Stock Ownership Plans | |||
| $1,105,000 | $1,080,000 | |
| $220,000 | $215,000 | |
| Pension Benefit Guaranty Corporation | |||
| Maximum guaranteed annual benefit (single employer plans) | $65,045 | $64,432 | |
| Maximum guaranteed annual benefit (multiemployer plans) | $429 x yrs. of service | $429 x yrs. of service | |
| Multiemployer | |||
| $28.00 | $28.00 | |
| Single employer | |||
| $74.00 | $64.00 | |
| 3.8% of UVB | 3.4% of UVB | |
| Per participant cap | $523.00 | $517.00 | |
| Qualified transportation benefit | |||
| $260.00 | $255.00 | |
| $260.00 | $255.00 | |
| Social Security/Medicare | |||
| Social Security | |||
| $128,400 | $127,200 | |
| 6.2% | 6.2% | |
| $2,788 | $2,687 | |
| 66 yrs. | 66 yrs. | |
| 2.0% | 0.3% | |
| Maximum income without reducing Social Security retirement benefits | |||
| No limit | No limit | |
| Annual Amount | $45,360 | $44,880 |
| Monthly Amount | $3,780 | $3,740 | |
| Annual Amount | $17,040 | $16,920 |
| Monthly Amount | $1,420 | $1,410 | |
| Medicare Part A | |||
| No limit | No limit | |
| 1.45% | 1.45% | |
| $1,340 | $1,316 | |
| Medicare Part B | |||
| $134.00 | $109.00 | |
| $183.00 | $183.00 | |
| Medicare Part D | |||
| $405.00 | $400.00 | |
| HDHP Minimum Deductible Amount | |||
| $1,350 | $1,300 | |
| $2,700 | $2,600 | |
| HDHP Maximum Out-of-Pocket Amount | |||
| $6,650 | $6,550 | |
| $13,300 | $13,100 | |
| HSA Statutory Contribution Amount | |||
| $3,450 | $3,400 | |
| $6,900 | $6,750 | |
| HSA Catch-up Contributions (age 55 or older) | $1,000 | $1,000 | |
| Non-Grandfathered Health Plans Cost-Sharing Maximum | |||
| $7,350 | $7,150 | |
| $14,700 | $14,300 | |
| Health Flexible Spending Accounts | |||
| Maximum salary reduction limit | $2,650 | $2,600 |
* For individuals in the calendar year of their Social Security Normal Retirement Age (SSNRA), $1 in benefits will be withheld for every $3 in earnings above the limit. There is no limit on earnings beginning the month an individual attains SSNRA.
** For individuals under SSNRA, $1 in benefits will be withheld for every $2 in earnings above the limit.