by Carolyn Rothwell on October 31, 2017

2018 Retirement Plan Limits Announced by IRS

The IRS announced the retirement plan limits for 2018. The 2% cost-of-living index drove annual inflation adjustments for the 2018 tax year for most items, but it was not enough to bump up the contribution limits for IRAs / Roth IRAs.

2018 Retirement Contribution Limits

Review the official announcement from the IRS for more details: IRS Announces 2018 Pension Plan Limitations; 401(k) Contribution Limit Increases to $18,500 for 2018.

All announced changes will be included in the 2018 tax updates from Money Tree Software, available in January of the new year.  

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Carolyn Rothwell

Carolyn enjoys spending her time building Money Tree Software's brand and products. Her experience creating and delivering financial plans for a full-service financial planning firm and supporting advisors working to provide the best planning to their clients as a Money Tree support member has provided an excellent understanding of the importance of financial planning.