Annual Limits

Annual Compensation and Contribution Limits for Qualified Retirement Plans

The tax law places limits on the dollar amount of contributions to retirement plans and IRAs and the amount of benefits under a pension plan. The Internal Revenue Code (IRC) requires the limits to be adjusted annually for cost-of-living increases. BCG is pleased to present 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
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
175,000
170,000
Social Security Taxable Wage Base
132,900
128,400
127,200
118,500

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