Contribution Limits

The following table summarizes contribution limits for individual investors.1 For more information, visit IRS.gov.

CategoryPlan TypeDollar Limit for:20182019
IRA Traditional IRA; Roth IRA Contribution maximum $5,500 $6,000
Traditional IRA; Roth IRA Age 50+ catch-up $1,000 $1,000
Employer-Sponsored IRA SEP IRA Contribution maximum $55,000 $56,000
SAR-SEP Deferral limit $18,500 $19,000
SAR-SEP Age 50+ catch-up $6,000 $6,000
SIMPLE IRA Deferral limit $12,500 $13,000
SIMPLE IRA Age 50+ catch-up $3,000 $3,000
Employer-Sponsored Plan 401(k); 403(b); 457 Deferral limit $18,500 $19,000
401(k); 403(b); 457 Age 50+ catch-up2 $6,000 $6,000
Defined Benefit Defined Benefit $220,000 $225,000
Profit Sharing; Money Purchase; 401(k); 403(b); 457; Defined Benefit Maximum compensation for plan purposes $275,000 $280,000
Profit Sharing; Money Purchase; 401(k); 403(b); 457; Defined Benefit Meeting definition of highly compensated $120,000 $125,000
Profit Sharing; Money Purchase; 401(k); 403(b); 457; Defined Benefit Meeting definition of key employee $175,000 $180,000
Profit Sharing; Money Purchase; 401(k); 403(b); 457; Defined Benefit Taxable wage base (SSI) $128,400 $132,900
Profit Sharing; Money Purchase; 401(k); 403(b); 457 Annual additions limit (415 limit) $55,000 $56,000

Small Business Retirement Plans

Main Topics