Resources – Current Plan Year Limits

2019-retirement-plan-limits

2019 Qualified Retirement Plan Limits

Highlights:

The elective deferral (contribution) limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan has increased to $19,000.

The catch-up contribution limit for employees aged 50 and over who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan is remains unchanged at $6,000.

The annual compensation limit under Sections 401(a)(17), 404(l), 408(k)(3)(C), and 408(k)(6)(D)(ii) has increased to $280,000.

Effective January 1, 2019, the limitation on the annual benefit under a defined benefit plan under Section 415(b)(1)(A) has increased to $225,000.

The limitation for defined contribution plans under Section 415(c)(1)(A) has increased in 2019 to $56,000.

The limitation used in the definition of highly compensated employee under Section 414(q)(1)(B) is $125,000.