Plan Limits:

Plan Limits

  2019

2018

401(k) Employee Deferral Contribution Limit

 $19,000

$18,500

401(k) “Catch Up” Contribution Limit       

 $6,000

$6,000

SIMPLE Plan Employee Contribution Limit 

 $13,000

$12,500

Annual Defined Benefit Plan Limit

 $225,000

$220,000

Annual Defined Contribution Plan Limit    

 $56,000

$55,000

Annual Compensation Limit  

 $280,000

$275,000

Highly Compensated Employee Limit    

 $125,000

$120,000

Social Security Wage Base     

 $132,900

$128,400