Caps and Maximum Contribution Numbers

Plan Type 2019
2018
2017
2016
2015
401(k), 403(b), and SARSEP maximum deferral [402(g)] $19,000
$18,500
$18,000
$18,000
$18,000
457 maximum deferral 19,000
18,500
18,000
18,000
18,000
Catch-up for 401(k), 403(b), SARSEP, and 457 6,000
6,000
6,000
6,000
6,000
SIMPLE election maximum deferral 13,000
12,500
12,500
12,500
12,500
Catch-up for SIMPLE 3,000
3,000
3,000
3,000
3,000
Defined benefit – annual benefit 225,000
220,000
215,000
210,000
210,000
Defined contribution – annual contributions 56,000
55,000
54,000
53,000
53,000
IRA limit 6,000
5,500
5,500
5,500
5,500
IRA catch-up 1,000
1,000
1,000
1,000
1,000
Maximum compensation 280,000
275,000
270,000
265,000
265,000
SEP annual compensation floor 600
600
600
600
600
Highly-compensated employees – any employee compensation 125,000
120,000
120,000
120,000
120,000
Officer compensation 180,000
175,000
175,000
170,000
170,000
1% owner 150,000
150,000
150,000
150,000
150,000
Taxable wage base 132,900
128,400
127,200
118,500
118,500