2018 Cost of Living Adjustments (COLA) savings limit
Each year, the IRS announces the latest contribution limits for retirement savings accounts (including 401(k), 403(b), most 457 plans and IRA contributions). Tax law places limits on the dollar amount of contributions to retirement plans and IRAs and the amount of benefits under a pension plan. While some of the COLA limits have changed for 2018, others remain the same.
Click here for an overview of the current limits.