The IRS has released the cost-of-living adjustments affecting dollar limitations for retirement plans for tax year 2018. The elective deferral limit for employees participating in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan is increased to $18,500. The elective deferral “catch-up” amount for those age 50 or older remains at $6,000. The maximum defined contribution limit under Code Section 415(c)(1)(A) for each participant is increased to $55,000 for plan years ending in 2018. The annual compensation limit is increased to $275,000 for plan years beginning in 2018.