The IRS in Notice 2017-64, released the dollar limitations for qualified retirement and certain non-qualified plans that become effective January 1, 2018. The dollar limitations that are adjusted by reference to IRC §415(d) are modified annually for inflation and consequently, most of them are changed for 2018.
Federal Wage Bases and Retirement Plan Limits
FSA/HSA Contribution Limits
Thank you for choosing Paylocity as your Payroll Tax partner. Should you have any questions please contact your Paylocity Account Manager.
This information is provided as a courtesy, may change and is not intended as legal or tax guidance. Employers with questions or concerns outside the scope of a Payroll Service Provider are encouraged to seek the advice of a qualified CPA, Tax Attorney or Advisor.