2018 IRA & Pension Limits not Affected by Tax Cuts and Jobs Act of 2017

The IRS announced the 2018 limits for IRAs and employer sponsored retirement plans on October. 19, 2017

One of the frequently asked questions about the Tax Cuts and Jobs Act of 2017, which was signed into law on December 22, 2017, is whether it affected the previously announced 2018 IRA and employer sponsored retirement plan limits.

 The IRS has confirmed that it does not.

Therefore, the 2018 limits published by the IRS on October. 19, 2017 remain in effect.

 

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