Many employee benefits are subject to annual dollar limits that are periodically increased to keep up with inflation. The IRS has issued new annual dollar limits for some welfare and retirement plans.
Employers should take note of the benefit limit changes and update their benefit plan designs and plan documents accordingly.
The chart below provides a summary of the benefit limit changes effective January 1, 2018. New Employee Benefit Limits for 2018.
2018 Employee Benefit Plan Limits
Download and share our TDG Newsletter with others in your organization