Projected 401k and Retirement Plan Limits for the Tax Year 2019

Based upon the actual and projected CPI, there is little doubt that we will see increases in the pension limits for 2019. Below are our projected changes. Remember, these are unofficial projections. The IRS hasn’t officially announced the 2019 limits and will not do so until later in October.

Chart of Select Limits

401(k) Plan Limits for Year 2019* 2018 2017 2016 2015 2014 2013
401(k) Elective Deferrals $19,000 $18,500 $18,000 $18,000 $18,000 $17,500 $17,500
Annual Defined Contribution Limit $56,000 $55,000 $54,000 $53,000 $53,000 $52,000 $51,000
Annual Compensation Limit $280,000 $275,000 $270,000 $265,000 $265,000 $260,000 $255,000
Catch-Up Contribution Limit $6,000 $6,000 $6,000 $6,000 $6,000 $5,500 $5,500
Highly Compensated Employees $125,000 $120,000 $120,000 $120,000 $120,000 $115,000 $115,000
 
Non-401(k) Related Limits
403(b)/457 Elective Deferrals $19,000 $18,500 $18,000 $18,000 $18,000 $17,500 $17,500
SIMPLE Employee Deferrals $13,000 $12,500 $12,500 $12,500 $12,500 $12,000 $12,000
SIMPLE Catch-Up Deferral $3,000 $3,000 $3,000 $3,000 $3,000 $2,500 $2,500
SEP Minimum Compensation N/A $600 $600 $600 $600 $550 $550
SEP Annual Compensation Limit $280,000 $275,000 $270,000 $265,000 $265,000 $260,000 $255,000
Social Security Wage Base $132,900 $128,400 $127,200 $118,500 $118,500 $117,000 $113,700

* These are projected numbers. The actual limits will be announced by the IRS later in October.

Pattern

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