A $500-a-year boost to the annual saving ceiling Good news for employees who save for retirement using a workplace-sponsored 401(k) plan, a 403(b) plan, or a 457 plan (available for government and certain non-government employers). On Oct. 19, 2017, the Internal Revenue Service (IRS) raised the annual contribution limits for 2018 to $18,500, a slight increase from … Continue reading IRS Raises 401(k) Contribution Limits for 2018