2019 EMPLOYEE BENEFIT PLAN LIMITS
The IRS recently released employee benefit plan limits for 2019. There are several changes for 2019.
| PLAN LIMITATIONS | 2017 | 2018 | 2019 |
| Annual Compensation Limit | $270,000 | $275,000 | $280,000 |
| Defined Contribution Maximum Annual Contribution | $54,000 | $55,000 | $56,000 |
| Annual §401(k) Employee Deferral Limit | $18,000 | $18,500 | $19,000 |
| Age 50 Catch-up Contributions to §401(k) Plan | $6,000 | $6,000 | $6,000 |
| Highly Compensated Employee Threshold | $120,000 | $120,000 | $125,000 |
| Income subject to Social Security Wage Base | $127,200 | $128,400 | $132,900 |
Please share this information with your payroll personnel so they are aware of these limits.