Originally Posted by
Walkeraviator
Are the IRS limits for defined contribution the same as an employee elective contribution? ($18.5k)
"The contribution limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan is increased from $18,000 to $18,500."
"The limitation for defined contribution plans under Section 415(c)(1)(A) is increased in 2018 from $54,000 to $55,000."
https://www.irs.gov/newsroom/irs-ann...18500-for-2018