Benefit Limits

Indexed Employee Benefit Limits

ITEM20182017
1. Maximum deferral to a 401(k) Plan$18,500$18,000
2. Maximum 401(k) Catch Up Contribution - age 50 and over$6,000$6,000
3. Maximum Profit Sharing Plan contribution for a participant$55,000$54,000
4. Maximum 401(k) and Profit Sharing Plan contribution for a participant age 50 or older$61,000$60,000
5.Maximum Defined Benefit Pension Plan Benefit (Dollar Limit payable at ages 62 to 65)$220,000$215,000
6. Maximum compensation that can be used for Plan purposes$275,000$270,000
7. Highly Compensated Employee Compensation Threshold$120,000$120,000
8. Social Security Taxable Wage Base$128,400$127,200
9. Medicare Wage BaseUnlimitedUnlimited