IRS Announces 2019 Retirement Plan Limits

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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 Limitation201920182017201620152014
401(k)and 403(b) Elective Deferrals
(not including adjustment and catch-ups)
457 Plan Limits
(not including catch-ups)
Catch-Up Deferrals to 401(k), 403(b), 457(b), or SARSEP Plans$6,000$6,000$6,000$6,000$6,500$5,500
Annual Defined Benefit Plan Limit
(age 62 with 10+ yrs.of plan participation)
Defined Contribution Plan Limit
(to include SEP-IRA)
Annual Compensation Limit
(maximum considered compensation)
Highly Compensated Employee
(earned in the prior year)
SIMPLE Retirement Accounts
(SIMPLE-IRA and SIMPLE 401(k) Plans)
Catch-Up Deferrals to Simple IRA Plan$3,000$3,000$3,000$3,000$3,000$2,500
Social Security Wage Base$132,900$128,700$127,200$118,500$118,500$117,000


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