Retirement Plans
Retirement Plans – IRS Indexed Limits for 2019
The IRS indexed dollar limits to qualified retirement plans for 2019 are provided in the table below. This update is provided for informational purposes and not intended as legal advice. Return to current year.
| Item | IRC Reference | 2019 Limit | 2018 Limit |
| 401(k) and 403(b) Employee Limit1 | 402(g)(f) | $19,000 | $18,500 |
| 457 Employee Deferral Limit | 57(e)(15) | $19,000 | $18,500 |
| Catch-up Contribution2 | 414(v)(2)(B)(i) | $6,000 | $6,000 |
| Defined Contribution Dollar Limit | 415(c)(f)(A) | $56,000 | $55,000 |
| Defined Benefit Dollar Limit | 415(b)(1)(A) | $225,000 | $220,000 |
| Compensation Limit for calculating contributions3 | 401(a)(17); 404(l) | $280,000 | $275,000 |
| Highly Compensated Employee Income Limit4 | 414(q)(1)(B) | $125,000 | $120,000 |
| Key Employee Officer | 416(i)(1)(A)(i) | $180,000 | $175,000 |
| Social Security Taxable Wage Base | $132,900 | $128,400 |
Individual Accounts – IRS Indexed Limits for 2019
| Item | IRC Reference | 2019 Limit | 2018 Limit |
| Limit on employee contributions to 401(k) 403(b), or 457 plan | $19,000 | $18,500 | |
| Limit on age 50+ catchup contributions to 401(k) 403(b), or 457 plan | $6,000 | $6,000 | |
| Traditional & Roth IRA contribution limits | $6,000 | $5,500 | |
| Traditional and Roth IRA age 50+ catchup contribution limit | $1,000 | $1,000 |
Individual Accounts – IRS Indexed Limits for 2019
| Item | IRC Reference | 2019 Limit | 2018 Limit |
| Deductible IRA income limit, active participant in workplace retirement plan, single | $64,000 $74,000 |
$63,000 $73,000 (Phase Out) |
|
| Deductible IRA income limit, active participant in workplace retirement plan, married filing jointly |
$103,000 $123,000 |
$101,000 $121,000 (Phase Out) |
|
| Deductible IRA income limit, spouse is active participant in workplace retirement plan | $193,000 $203,000 |
$189,000 $199,000 (Phase Out) |
|
| Roth IRA income limit, single | 408A(c)(3)(A) | $122,000 $137,000 |
$120,000 $135,000 (Phase Out) |
| Roth IRA income limit, married filing jointly | 408A(c)(3)(A) | $193,000 $203,000 |
$189,000 $199,000 (Phase Out) |
| SIMPLE 401(k) or SIMPLE IRA contributions limit | $13,000 | $12,500 | |
| SIMPLE 401(k) or SIMPLE IRA age 50+ catchup contributions limit | $3,000 | $3,000 |
1 Employee deferrals to all 401(k) and 403(b) plans must be aggregated for purposes of this limit. A lower limit applies to SIMPLE plans.
2 Available to employees age 50 or older during the calendar year. A lower limit applies to SIMPLE plans.
3 All compensation from a single employer must be aggregated for purposes of this limit.
4 For the 2019 plan year, an employee who earns more than $125,000 in 2018 is an HCE
