Annual Plan Limits

Contribution rates

On an annual basis, the IRS announces cost-of-living adjustments applicable for qualified retirement plans and IRAs. Some plan limits remain unchanged because the increase in the Consumer Price Index does not meet the thresholds for their adjustments, while others rise. For 2019, highlights include an increase in the Maximum Annual Contribution Limit for 401(k), 403(b) and 457 plans from $18,500 to $19,000 and an increase in the Annual Compensation Limit from $275,000 to $280.000.

Delaware Valley Retirement is pleased to offer this chart for your reference.

Contribution rates

Annual Compensation and Contribution Limits for Qualified Retirement Plans

2019
2018
2017
2016
401(k) and 403(b) Deferral Limit 19,000 18,500 18,000 18,000
457 Deferral Limit 19,000 18,500 18,000 18,000
401(k), 403(b), 457 Catch-up Contribution Limit 6,000 6,000 6,000 6,000
SIMPLE Deferral Limit 13,000 12,500 12,500 12,500
SIMPLE Catch-up Contribution Limit 3,000 3,000 3,000 3,000
Annual Compensation Limit 280,000 275,000 270,000 265,000
Defined Benefit 415 Limit 225,000 220,000 215,000 210,000
Defined Contribution 415 Limit 56,000 55,000 54,000 53,000
Dollar Limit for HCEs 125,000 120,000 120,000 120,000
Dollar Limit for Key Employee 180,000 175,000 170,000 170,000
Social Security Taxable Wage Base 132,900 128,400 127,200 118,500

 

401(k) and 403(b) Deferral Limit
2019 2018 2017 2016
19,000 18,500 18,000 18,000
457 Deferral Limit
2019 2018 2017 2016
19,000 18,500 18,000 18,000
401(k), 403(b), 457 Catch-up Contribution Limit
2019 2018 2017 2016
6,000 6,000 6,000 6,000
SIMPLE Deferral Limit
2019 2018 2017 2016
13,000 12,500 12,500 12,500
SIMPLE Catch-up Contribution Limit
2019 2018 2017 2016
3,000 3,000 3,000 3,000
Annual Compensation Limit
2019 2018 2017 2016
280,000 275,000 270,000 265,000
Defined Benefit 415 Limit
2019 2018 2017 2016
225,000 220,000 215,000 210,000

 

Defined Contribution 415 Limit
2019 2018 2017 2016
56,000 55,000 54,000 53,000

 

Dollar Limit for HCEs
2019 2018 2017 2016
125,000 120,000 120,000 120,000

 

Dollar Limit for Key Employee
2019 2018 2017 2016
180,000 175,000 170,000 170,000

 

Social Security Taxable Wage Base
2019 2018 2017 2016
132,900 128,400 127,200 118,500