In Notice 2018-83 (November 1, 2018), the IRS released the new limits on benefits and contributions for retirement plans. Current limits and historical context are provided below. Type of Limitation 2019 2018 2017 2016 2015 2014 401(k)and 403(b) Elective Deferrals(not including adjustment and catch-ups) $19,000 $18,500 $18,000 $18,000 $18,000 $17,500 457 Plan Limits(not including catch-ups)