Increased Deferral Limits for 20191
The Internal Revenue Service announced employee annual deferral limits for 2019 will increase. Each year, the IRS sets limits on the amount of wages you can defer. These contribution limits are tied to inflation statistics, which are recalculated each fall for the following calendar year.
We recognize that not everyone can afford to contribute to the maximum limit. However, if you bump up contributions – even just little bit each year – the outcome over the long term could be significantly better.
Annual Deferral Limits 2019
|Regular Deferral Limit||$19,000|
|Age 50-Plus Deferral Limit||$25,000|
|Special 457(b) Catch-up||up to $38,000|
Annual Deferral Limits 2018
|Regular Deferral Limit||$18,500|
|Age 50-Plus Deferral Limit||$24,500|
|Special 457(b) Catch-up||up to $37,000|