Retirement Plan Design & Administration Services

ANNUAL PLAN LIMITS
  2018 2017 2016
COMPENSATION 275,000 270,000 265,000
LIMITS ON BENEFITS & CONTRIBUTIONS      
     DEFINED CONTRIBUTION PLANS 55,000 54,000 53,000
     DEFINED BENEFIT PLANS 220,000 215,000 210,000
     401(K) - 403(b) - & 457 PLAN ELECTIVE DEFERRALS 18,500 18,000 18,000
     SIMPLE PLAN ELECTIVE DEFERRALS 12,500 12,500 12,500
     IRA 5,500 5,500 5,500
CATCH UP CONTRIBUTIONS      
     401(K) - 403(b) - & 457 PLANS  6,000 6,000 6,000
     SIMPLE PLANS 3,000 3,000 3,000
     IRA 1,000 1,000 1,000
"HIGHLY COMPENSATED" DEFINITION 120,000 120,000 120,000
"KEY EMPLOYEE" DEFINITION      
     OFFICER 175,000 175,000 170,000
SOCIAL SECURITY TAXABLE WAGE BASE  128,400 127,200 118,500