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Your Quick Guide to 2019 Retirement Limits

Dylan Telerski / 5 Nov 2018 / 401k Resources, IRA Resources, Retirement News

Ubiquity Retirement + Savings: Stay Up-To-Date.

Download our 2019 contribution guide

The IRS has announced the 2019 contribution limits for retirement and health savings accounts. This includes contribution limits for 401(k) and 403(b) plans, as well as income limits for IRA contribution deductibility. Additionally, the salary threshold to classify “key” and “highly compensated employees” has been announced. Review our quick guide of the updated limits below.

401(k) and 403(b) individual contribution limits (IRS 402(g) Limit)

2018

2019

Age 49 and under

$18,500

$19,000

Age 50 and older

Additional $6,000

Additional $6,000

The IRS has also set limits for the total amount that may be contributed to your retirement savings 401(k) account from all sources combined (IRS section 415 limit). This includes any employer matching or pro t-sharing contributions, and any employee after-tax contributions. For 2019, the maximum is $56,000.

Every plan is different, so it’s important to refer to your Plan Document for any compensation or other applicable limits.

Highly Compensated and Key Employee definitions and limits

2018

2019

Key Employee Officer Compensation

$175,000

$180,000

Highly Compensated Employee

$120,000

$125,000

Annual Compensation Limit

$275,000

$280,000

Roth and Traditional IRA contribution limits

2018

2019

Age 49 and under

Up to $5,500 (must have earned income)

Up to $6,000 (must have earned income)

Age 50 and older

Additional $1,000

Additional $1,000

Traditional IRA modified adjusted gross income limit for partial deductibility

2018

2019

Single

$63,000 – $73,000

$64,000-$74,000

Married – Filing joint returns

$101,000 – $121,000

$103,000 – $123,000

Married – Filing separately

$0 – $10,000

$0 – $10,000

Non-active participant spouse

$189,000 – $199,000

$193,000 – $203,000

Roth IRA modified adjusted gross income phase-out ranges

2018

2019

Single

$120,000 – $135,000

$122,000 – $137,000

Married – Filing joint returns

$189,000 – $199,000

$193,000 – $203,000

Married – Filing separately

$0 – $10,000

$193,000-$203,000

Simple IRA contribution limits

2018

2019

Age 49 and under

$12,500

$13,000

Age 50 and older

Additional $3,000

Additional $3,000

Health Savings Accounts (HSA) contribution limits

2018

2019

Individual (employer + employee)

$3,450

$3,500

Family (employer + employee)

$6,900

$7,000

Age 55 or older**

Additional $1,000

Additional $1,000

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

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San Francisco, CA 94104
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© 2019 Ubiquity Retirement + Savings
Privacy Policy
44 Montgomery Street, Suite 3060
San Francisco, CA 94104
Support: 855.401.4357

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