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The table below summarizes key 2019 cost-of-living adjustments (COLA) for pension plans and selected other items announced by the Internal Revenue Service. In general, annual compensation amounts and limits for elective deferrals were increased, while catch-up contribution limits remain unchanged. The Social Security Administration separately announced the taxable wage base for 2019, which is also included below.

 

Code Section 2019 2018 2017 2016 2015
401(a)(17)/404(l) Annual Compensation $280,000 $275,000 $270,000 $265,000 $265,000
402(g)(1) Elective Deferrals 19,000 18,500 18,000 18,000 18,000
408(k)(2)(C) SEP Minimum Compensation 600 600 600 600 600
408(k)(3)(C) SEP Maximum Compensation 280,000 275,000 270,000 265,000 265,000
408(p)(2)(E) SIMPLE Maximum Contributions 13,000 12,500 12,500 12,500 12,500
409(o)(1)(C) ESOP Limits 1,130,000

225,000

1,105,000

220,000

1,080,000

215,000

1,070,000

210,000

1,070,000

210,000

414(q)(1)(B) HCE Threshold 125,000 120,000 120,000 120,000 120,000
414(v)(2)(B)(i) Catch-up Contributions 6,000 6,000 6,000 6,000 6,000
414(v)(2)(B)(ii) Catch-up Contributions 3,000 3,000 3,000 3,000 3,000
415(b)(1)(A) DB Limits 225,000 220,000 215,000 210,000 210,000
415(c)(1)(A) DC Limits 56,000 55,000 54,000 53,000 53,000
416(i)(1)(A)(i) Key Employee 180,000 175,000 175,000 170,000 170,000
457(e)(15) Deferral Limits 19,000 18,500 18,000 18,000 18,000
1.61-21(f)(5)(i) Control Employee 110,000 110,000 105,000 105,000 105,000
1.61-21(f)(5)(iii) Control Employee 225,000 220,000 215,000 215,000 215,000
219(b)(5)(A) IRA Contribution Limit 6,000 5,500 5,500 5,500 5,500
219(b)(5)(B) IRA Catch-Up Contributions 1,000 1,000 1,000 1,000 1,000
Taxable Wage Base for Social Security 132,900 128,700 127,200 118,500 118,500

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