Limitations are based on IRS Cost of Living Adjustments for Qualified Retirement Plans
|
2019 |
2018 |
2017 |
Defined Contribution |
$56,000 |
$55,000 |
$54,000 |
Defined Benefit |
225,000 |
220,000 |
215,000 |
Compensation |
280,000 |
275,000 |
270,000 |
Social Security Wages |
132,900 |
128,700 |
127,200 |
401(k) |
19,000 |
18,500 |
18,000 |
Catch-Up |
6,000 |
6,000 |
6,000 |
HCE |
125,000 |
120,000 |
120,000 |
This list is far from exhaustive. Call us today to set up a time to discuss your specific situation and needs.