Maximize Your Retirement Savings with 2018 401k Contribution Limits**

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Maximize Your Retirement Savings with 2018 401k Contribution Limits**

The 401k contribution limits for 2018 offer an exceptional opportunity to significantly boost your retirement savings. By understanding these limits and utilizing effective strategies, you can take advantage of tax-advantaged growth and secure your financial future.

Employee Contribution Limits

For employees, the annual 401k contribution limit in 2018 is $18,500, up from $18,000 in 2017. This increase provides a valuable opportunity to contribute more towards your retirement goals.

Contribution Limit	2018	2017
Employee Contribution	$18,500	$18,000

Catch-Up Contributions

Individuals aged 50 and above are eligible for catch-up contributions of up to an additional $6,000 in 2018. These contributions can significantly boost your retirement savings and help you make up for any lost time in previous years.

Contribution Limit	2018	2017
Catch-Up Contribution	$6,000	$6,000

Employer Contribution Limits

In addition to employee contributions, employers can also make contributions to employee 401k plans. The maximum employer contribution limit for 2018 is 25% of employee compensation, or $54,000 (whichever is less).

Contribution Limit	2018	2017
Employer Contribution	Up to 25% of employee compensation or $54,000	Up to 25% of employee compensation or $53,000

Success Stories

Sarah, a 35-year-old employee, took advantage of the 401k contribution limits in 2018 and contributed the maximum amount of $18,500. With an employer match of 50%, her total contribution reached $27,750, a significant boost to her retirement savings.
John, a 55-year-old employee, utilized the catch-up contribution option and contributed an additional $6,000 to his 401k in 2018. This brought his total annual contribution to $24,500, helping him accelerate his retirement savings plan.
ABC Corporation, a leading technology company, implemented a generous 401k plan with a 100% employer match. As a result, their employees were able to make substantial contributions to their retirement savings, contributing an average of $20,000 per year.

Call to Action

Don't miss out on the opportunity to maximize your retirement savings in 2018. Review the 401k contribution limits and take advantage of them to secure your financial future. By understanding these limits and utilizing effective strategies, you can build a nest egg that will provide you with peace of mind and financial stability in your golden years.