403(b) contribution limits for 2018 to be released at the end of this month

January 2018 update: See 403(b) contribution limits FAQ page.

The amount of elective contributions to the 403(b) can change from year to year. The limits for base elective deferral, special catch-up contribution, age 50+ catch-up contribution, and combined elective/nonelective (415) limits will likely be released by the IRS at the end of October 2017.

2017 employee contribution limits are:

Calendar Year  Salary Reduction Contribution Limit  15 Years of Service Catch-Up  Age 50 and Over Catch-Up  Possible Maximum 
2016  $18,000  $3,000  $6,000  $27,000 
2017  $18,000 $3,000  $6,000
$27,000

The 2017 IRS Section 415 limit for defined contribution plans is $54,000.

Elective contribution limits have not changed in several years, but if contribution limits are changed for 2018, make sure to update all appropriate forms and documents (Universal Availability Notice, Handbook, employer web portals, etc.).

Member Benefits’ Plan Administration Consultants can help you with questions you may have on this topic. They provide consultative services for district employers regarding issues that may impact how you provide retirement plans to your employees.

Contact one of our consultants below at 1-800-279-4030.

  • Kelly Behnke: Ext. 6636
  • Jay Lukas: Ext. 2361
  • Kristian Lee: Ext. 4416

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