Creative Pension Consultants, Inc. - Retirement Plan Design and Admiistration Services
HOME ABOUT US OUR SERVICES TYPES OF PLANS PLAN LIMITS CLIENT RESOURCES NEWSLETTERS LINKS  CONTACT US


Annual Plan Limits

Each year the U.S. government adjusts the limits for qualified plans and Social Security to reflect cost-of-living adjustments and changes in the law. Many of these limits are based on the "plan year" as defined in the plan document. The elective deferral and catch-up limits are always based on the calendar year.

2019 2018
Maximum compensation limit $280,000 $275,000
Defined contribution plan maximum contribution $56,000 $55,000
Defined benefit plan maximum contribution $225,000 $220,000
401(k), 403(b) and 457 plan elective maximum elective deferrals $19,000 $18,500
      Catch-up contributions $6,000 $6,000
SIMPLE plan elective deferrals $13,000 $12,500
      Catch-up contributions $3,000 $3,000
IRA $6,000 $5,500
      Catch-up contributions  $1,000 $1,000
Highly Compensated Salary Threshold $125,000 $120,000
Officer Salary Threshold $180,000 $175,000
Social Security taxable wage base $132,900 $128,400
 
Plan Sponsor Link
Follow Us
  LinkedIn  
Contact Us

433 New Karner Road
Albany, NY 12205

phone: (518) 452-8139
fax: (518) 452-8141

jrafferty@creativepensionconsultants.com
 
Our Affiliations

ASPPA Member

NIPA - National Institute of Pension Administrators

 

You Run Your Business; Let Us Run Your Retirement Plan
© 2018  Benefit Insights, LLC