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IRS 2019 Plan Contribution Limits

Wharton Hill Advisors > IRS 2019 Plan Contribution Limits

Deferral Limits

Elective Deferral Limit for 401(k), 403(b) and 457(b) Plans IRC 402(g): $ 19,000
Catch-up Contribution Limit IRC 414(v): $ 6,000

Benefits and Compensation

Annual Additions Limit for Defined Contribution Plans IRC 415(c): $ 56,000
Limit on Annual Benefits for Defined Benefit Plans IRC 415(b): $ 225,000
Annual Compensation Limit IRC 401(a)(17): $ 280,000
Highly Compensated Employee Limit IRC 414(q): $ 125,000
Key Employee Determination Limit IRC 416(i): $ 180,000

SIMPLE Retirement Plans

SIMPLE IRA Maximum Contributions 408(p)(2)(E) – Under Age 50: $ 13,000
SIMPLE Retirement Plan Catch-up Contribution Limit – Age 50 or over: $ 3,000

IRA Contributions

IRA Contribution Limit 219(b)(5)(A) – Under age 50: $ 6,000
IRA Catch-up Contribution Limit 219(b)(5)(A) – Age 50 or over: $ 1,000

Social Security

Social Security Taxable Wage Base (Old Age, Survivors): $ 132,900

This information is provided as a courtesy and is not designed to be all encompassing. It is not intended as authoritative guidance or tax or legal advice. You should consult with your attorney or tax advisor for guidance on your specific situation.

 

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