Ubiquity
Free Consultation 855-401-7253 Call

Category: Retirement News

Find up to date Retirement News from the experts at Ubiquity Retirement & Savings. Get important news that can affect your retirement plans, along with tips and advice from our team of Retirement planning experts. Call Ubiquity today for a Free Consultation at 855.466.5825.

Exciting news retirement enthusiasts and future-you champions! The IRS is raising contribution limits for 2019. Get ready for lots of changes that will help savers prepare for the future.

A round-up of the biggest changes for your 2019 plan year:

  • 401(k): The amount you can contribute to your 401(k) plan per year goes up from $18,500 in 2018 to $19,000 in 2019.
    • If you’re self-employed or own your own business, you can save even more. The overall defined contribution plan limit moves up to $56,000, from $55,000.
  • IRA: After six years stuck at $5,500, the amount you can contribute to an Individual Retirement Account is being bumped up to $6,000 for 2019.

Want to learn more? We outline the highlights of the changes below.

Download our 2019 contribution guide here

If you need more detailed guidance, see IRS Notice 2018-83.

© 2018 Ubiquity Retirement + Savings / Privacy Policy
1160 Battery Street, Suite 350, San Francisco, CA 94111 / Support: 855.401.4357

© 2018 Ubiquity Retirement + Savings / Privacy Policy
1160 Battery Street, Suite 350, San Francisco, CA 94111 / Support: 855.401.4357