The IRS updated the qualified retirement plan limits for 2018. Many contribution limits will increase for 2018. The Salary Deferral limit increased to $18,500. The maximum contribution, when adding employee deferrals and employer contributions, increased to $55,000 (or $61,000 for anyone age 50 or older). For a full explanation, please click on the “Plan Limits” tab of our website. If you have any questions regarding the plan limits or your plan design, please don’t hesitate to contact us.