- Social security taxable wage limit is $128,700
- Retirees can earn $17,040 without reducing their SS benefits
- Annual gift amount goes to $15,000
- HSA contributions are $3,450 for individuals
- HSA contributions for a family plan is now $6,900
- 401k deferral is $18,500 and $24,500 for those 50 and older
- IRA contribution limit is the same as 2017 at $5,500
- SIMPLE plans also remain the same as 2017 at $12,500
Be proactive and seek professional advice to navigate these upcoming cap changes successfully.
