(MNDCP)  The Internal Revenue Service (IRS) announced new contributions limits for 457(b), 401(k), and 403(b) retirement plans for calendar year 2018.

Participant Age Maximum Limit
Under Age 50 $18,500
Age 50 & Over $24,500
Catch-Up Provision $37,000

*The Catch-Up Provision permits participants within three years of normal retirement age and under certain conditions to contribute up to $37,000 in 2018. Contact Us to speak with a retirement plan specialists for complete information