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2018 MNDCP Contribution Limits Announced


(MNDCP)  The Internal Revenue Service (IRS) announced new contributions limits for 457(b), 401(k), and 403(b) retirement plans for calendar year 2018.

2018 MNDCP Annual Maximum Contribution Limits

Participant Age

Maximum Limit

Under Age 50

$18,500

Age 50 & Over

$24,500

Catch-Up Provision

$37,000


*The Catch-Up Provision permits participants within three years of normal retirement age and under certain conditions to contribute up to $37,000 in 2018. Contact Us to speak with a retirement plan specialists for complete information


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