Plan Limits

IRS 2019 ANNUAL PLAN LIMITS

Maximum Elective Deferral
401(k)/Roth
{IRC Section 402(g)}
$19,000 Maximum annual contribution that can be made to a 401(k) plan.
Catch-Up Contribution $6,000 Additional contribution for participants age 50 and over in addition to the original deferral limit.
SIMPLE Elective Deferral $13,000 Maximum annual contribution limit in a SIMPLE 401(k) plan.
SIMPLE Catch-Up Contribution $3,000 Additional contribution for participants age 50 and over in addition to the original SIMPLE deferral limit.
Defined Contribution
{IRC Section 415}
$56,000 Maximum total contribution that can be made in a defined contribution plan. Includes both employee contributions and employer contributions.
Maximum Compensation
{IRC Section 401(a)(17)}
$280,000 Maximum compensation amount used to calculate contribution allocations
Highly Compensated Employee (HCE) $125,000 Minimum compensation level used for purposes of non-discrimination testing.
Key Employee $180,000 Minimum officer compensation used in determining top heavy status.
Social Security Taxable Wage Base $132,900 Compensation above this threshold can be used to increase profit sharing contributions.