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2019 Retirement Savings Plan Contribution Limits

The information below summarizes the retirement plan contribution limits for 2019.

PlanNormal Limit"Age 50" Catch-up Limit"Pre-Retirement" Catch-up Limit
457 $19,000 $6,000 $19,000
401(a) $56,000 N/A N/A
401(k) $19,000 $6,000 N/A
IRA $6,000 $1,000 N/A

N/A = Not applicable

View 2018 contribution limits.

More details on the retirement plan limits are available from the IRS

457 Plans

The normal contribution limit for elective deferrals to a 457 deferred compensation plan is increased from $18,500 to $19,000 in 2019. Employees age 50 or older may contribute up to an additional $6,000 for a total of $25,000. Employees taking advantage of the special pre-retirement catch-up may be eligible to contribute up to double the normal limit, for a total of $38,000.

401(a) Plans

The total contribution limit for 401(a) defined contribution plans under section 415(c)(1)(A) increased from $55,000 to $56,000 for 2019. This includes both employer and employee contributions.

401(k) Plans

The annual elective deferral limit for 401(k) plan employee contributions increased from $18,500 to $19,000 in 2019. Employees age 50 or older may contribute up to an additional $6,000 for a total of $25,000.

The total contribution limit for both employee and employer contributions to 401(k) defined contribution plans under section 415(c)(1)(A) increased from $55,000 to $56,000 ($62,000 if age 50 or older).

IRAs

The contribution limit for Traditional and Roth IRAs increase from $5,500 to $6,000 in 2019. Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $7,000.

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