Annual Limits and Industry Links

On October 30th, 2018, the Internal Revenue Service announced 2019 cost-of-living adjustments applicable for qualified retirement plans and IRAs. Most plan limits will remain unchanged because the increase in the Consumer Price Index did not meet the thresholds for their adjustments. Latitude is pleased to provide this table for your convenience.

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