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Annual Compensation & Contribution Limits


401k Plan Limits for Year

2019

2018

2017

2016

401k Elective Deferrals

$19,000

$18,500

$18,000

$18,000

Annual Defined Contribution Limit

$56,000

$55,000

$54,000

$53,000

Annual Compensation Limit

$280,000

$275,000

$270,000

$265,000

Catch-Up Contribution Limit

$6,000

$6,000

$6,000

$6,000

Highly Compensated Employees

$125,000

$120,000

$120,000

$120,000

 

Non-401k Related Limits

2019 2018 2017 2016

Defined Benefit 415 Limit

$225,000

$220,000

$215,000

$210,000

403(b)/457 Elective Deferrals

$19,000

$18,500

$18,000

$18,000

SIMPLE Employee Deferrals

$13,000

$12,500

$12,500

$12,500

SIMPLE Catch-Up Deferral

$3,000

$3,000

$3,000

$3,000

SEP Minimum Compensation

$600

$600

$600

$600

SEP Annual Compensation Limit

$280,000

$275,000

$260,000

$265,000

Social Security Wage Base

$132,900

$128,700

$127,200

$118,500