2019 Savings Contribution Limits
Below are the 2019 401(k) Employee Benefit Plan Limitations as defined by the IRS.
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If you are under age 50
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If you are age 50 or older*
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Your Pre-Tax Contribution Limit |
Maximum of $19,000 |
Additional $6,000 in catch-up contributions |
Total Contributions Limit (combined total of your Pre-tax, After-tax and Company Contributions) |
$56,000 |
$62,000
($56,000 + $6,000 in catch-up contributions)
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*You must be at least 50 years old by the end of 2019 to be eligible to make catch-up contributions.
Note: In 2019, the total annual amount of eligible compensation on which your savings plan contributions may be based is $280,000.