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Annual Compensation and Contribution Limits for Qualified Retirement Plans

2020 2019
401(k), 403(b) & 457 19,500 19,000
Catch-Up Contributions 6,500 6,000
Defined Contribution Dollar Limit 57,000 56,000
Compensation Limit 285,000 280,000
HCE (Highly Compensated Employee) 130,000 125,000
Social Security Tax Wage Base 137,700 132,900

Data sourced from IRS.gov

Annual Compensation and Contribution Limits for Qualified Retirement Plans

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2020 2019
401(k), 403(b) & 457 19,500 19,000
Catch-Up Contributions 6,500 6,000
Defined Contribution Dollar Limit 57,000 56,000
Compensation Limit 285,000 280,000
HCE (Highly Compensated Employee) 130,000 125,000
Social Security Tax Wage Base 137,700 132,900

Data sourced from IRS.gov

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