| Limit Description | IRC § | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|
| Maximum Contribution - Defined Contribution Plan | 415(c) | $56,000 | $55,000 | $54,000 | $53,000 | $53,000 |
| Maximum Annual Benefit - Defined Benefit Plan | 415(b) | $225,000 | $220,000 | $215,000 | $210,000 | $210,000 |
| Salary Deferral | 402(g) | $19,000 | $18,500 | $18,000 | $18,000 | $18,000 |
| Catch-Up Deferral - age 50+ | 414(v) | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 |
| Plan Compensation | 401(a)(17) | $280,000 | $275,000 | $270,000 | $265,000 | $265,000 |
| Highly Compensated Employee | 414(q) | $125,000 | $120,000 | $120,000 | $120,000 | $120,000 |
| Key Employee (officer) | 416(i) | $180,000 | $175,000 | $175,000 | $170,000 | $170,000 |
| Social Security Taxable Wage Base | 401(l) | $132,900 | $128,400 | $127,200 | $118,500 | $118,500 |
| Income Limit for Saver's Tax Credit (based on filing status) Single Single, Head of Household Married | 25B | $30,000 $45,000 $60,000 | $31,500 $47,250 $63,000 | $31,000 $46,500 $62,000 | $30,750 $46,125 $61,500 | $30,500 $45,750 $61,000 |
| SIMPLE's & IRA's Limit Description | IRC § | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|
| SEP/SIMPLE Annual Addition | 415(c) | $56,000 | $55,000 | $54,000 | $53,000 | $53,000 |
| SIMPLE Salary Deferral | 408(p) | $13,000 | $12,500 | $12,500 | $12,500 | $12,500 |
| SIMPLE Catch-Up Deferral - age 50+ | 414(v) | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 |
| Income Limit for Saver's Tax Credit (based on filing status) Single Single, Head of Household Married | 25B | $32,000 $48,000 $64,000 | $31,500 $47,250 $63,000 | $31,000 $46,500 $62,000 | $30,750 $46,125 $61,500 | $30,500 $45,750 $61,000 |
| IRA | 219(b) | $6,000 | $5,500 | $5,500 | $5,500 | $5,500 |
| IRA Catch-Up - age 50+ | 219(b) | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 |
| Income Limit for Traditional IRA (based on filing status) Single Single, Head of Household Married | 219(g) | $74,000 $74,000 $123,000 | $73,000 $73,000 $121,000 | $72,000 $72,000 $119,000 | $71,000 $71,000 $118,000 | $71,000 $71,000 $118,000 |
| Income Limit for Roth IRA (based on filing status) Single Single, Head of Household Married | 408A(c) | $137,000 $137,000 $203,000 | $135,000 $135,000 $199,000 | $133,000 $133,000 $196,000 | $132,000 $132,000 $194,000 | $131,000 $131,000 $193,000 |
