Annual Plan Contribution Limits

For Employer-Sponsored Plans

Annual retirement contribution limits

Contribution Limits 2019 2020
401(k) / 403(b) / 457(b) elective deferrals $19,000 $19,500
Catch-up contributions $6,000 $6,500
DC Plan combined annual contribution limit $56,000 $57,000
Annual compensation limit $280,000 $285,000
Highly compensated employee threshold $125,000 $130,000
Top heavy key employee dollar limit $180,000 $185,000
Social Security taxable wage base $132,900 $137,700
SIMPLE Plan contribution limit $13,000 $13,500
SIMPLE Plan catch-up $3,000 $3,000
IRA contribution limit $6,000 $6,000
IRA catch-up $1,000 $1,000
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