Volume 41 | Issue 86
Download this FYI Alert as a printable PDF
The IRS has issued Notice 2018-83 announcing the retirement plan limits for 2019.
Retirement Plan Limits
The table below lists the key 2019 limits side by side with those in effect for 2018 with changes bolded:
| 2019 | 2018 | |
| 401(k)/403(b) elective deferral maximum | $19,000 | $18,500 |
| §415 defined benefit dollar maximum | $225,000 | $220,000 |
| §415 defined contribution annual addition maximum | $56,000 | $55,000 |
| §457(b) nonqualified deferred compensation limit | $19,000 | $18,500 |
| §401(a)(17) annual compensation limit | $280,000 | $275,000 |
| §414(q) highly compensated employee limit | $125,000 | $120,000 |
| §414(v) catch-up contribution limit | $6,000 | $6,000 |
| §416(i) top-heavy officer limit | $180,000 | $ 175,000 |
In Closing
Our For Your Reference, a wallet-sized booklet showing retirement plan and other benefit limits, as well as various key Social Security and Medicare figures, will be available shortly from your consultant.