IRS Releases 2019 Qualified Retirement Plan Amounts
January 07, 2019
|Maximum Employee 401(K) or 403(b) Deferral||$19,000||$18,500|
|Employee Catch-up Contributions||$6,000||$6,000|
|Maximum Contribution to Defined Contribution Plan||$56,000||$55,000|
|Maximum Benefit in a Defined Benefit Limit||$225,000||$220,000|
|Annual Limit on Compensation||$280,000||$275,000|
|Highly Compensated Employees||$125,000||$120,000|
|Social Security Wage Base||$132,900||$128,400|
|Annual IRA Contributions||$6,000||$5,500|
|Traditional & Roth Catch-up Contribution||$1,000||$1,000|
|Maximum SIMPLE IRA||$13,000||$12,500|
|SIMPLE IRA Catch-up Contribution||$3,000||$3,000|
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