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Annual Retirement Contribution Limits

For Employer-Sponsored Plans

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
Defined Benefit Annual Benefit Limit $225,000 $230,000
ESOP Maximum Balance Subject to Five-Year Distribution Rule $1,130,000 $1,150,000
ESOP Amount to Determine Lenthening Five-Year Distribution Rule $225,000 $230,000
     
IRA Contribution Limit $6,000 $6,000
IRA Catch-up $1,000 $1,000

Investment products: Not FDIC Insured - No Bank Guarantee - May Lose Value.