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IRS has announced the 2018 cost-of-living adjustments (COLAs) with respect to retirement plan limits. Many limits, which are adjusted by reference to Code Sec. 415(d), are changed for 2018 since the increase in the cost-of-living index met the statutory thresholds that trigger their adjustment. However, others remain unchanged. Certain dollar limit changes keyed to Code Sec. 1(f)(3), some of which were previously calculated by Thomson Reuters Checkpoint editors, have also increased. IR 2017-177; Notice 2017-64, 2017-45 IRB.

Complete list of contribution changes:


  • Annual contribution limit - changes to your election can be made any time during the year
  • Catch-up limit

SEP IRAs and Solo 401(k)

  • Contribution limits for self-employed and small business owners

After-tax 401(k) contributions

  • 2018 - $55,000 (overall cap, including the $18,500 (pre-tax or Roth) salary deferrals plus any employer contributions (but not catch-up contributions))

SIMPLE retirement accounts

  • 2018 - stays the same at $12,500, as well as the same catch-up limit of $3,000

Defined benefit plans

  • 2017 - $215,000
  • 2018 - $220,000

Transportation and parking benefits - for transportation in a commuter highway vehicle or any transit pass, as well as qualified parking

  • 2017 - $255
  • 2018 - $260

Health FSA

  • 2017 - $2,600
  • 2018 - $2,650

Available Links:

IRS Rev. Proc. 2017-58

IRS Notice 2017-64


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Disclaimer: This information is general and is provided for educational purposes only. It reflects TJS' understanding of the available guidance as of the date shown and is subject to change. It is not intended to provide legal advice.
TJS Insurance Group, AssuredPartners, Inc. and its partner agencies strive to provide you with insurance and benefit related information as part of our service to you that is both accurate and informative.  Laws, regulations and circumstances change frequently, and similar situations or slight changes to laws and regulations can lead to entirely different results.  The information contained in this document is for educational and informative purposes only, and, as such, you should always seek the advice of competent legal counsel for answers to your specific questions.   

2018 IRS Contribution Changes
Posted 3:45 PM

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