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Southern Pension Services Since 1997

Contribution Limits 2018-2019

Limits for Qualified Defined Contribution Plans

Calendar Year
2018 2019
Employee Salary Deferral Limit to 401(k) Plans
Employee Catch-up Elective Contributions
$18,500
$6,000
$19,000
$6,000
Employee Salary Deferral Limit to SIMPLE 401(k) Plans
Employee Catch-up Elective Contributions
$12,500
$3,000
$13,000
$3,000
Employee Salary Deferral Limit to 403(b) Plans
Employee Catch-up Elective Contributions
$18,500
$6,000
$19,000
$6,000
Defined Contribution Maximum Annual Addition (IRC § 415 (c)) $55,000 $56,000
Definition of Highly Compensated Employees:
Employee Compensation Exceeding (Prior Year)
An employee owning more than (current and prior year)
$120,000
5%
$125,000
5%
Definition of Key Employees:
Officers Earning in Excess of
A more than 1% Owner Earning in Excess of
An employee owning more than
$175,00
$150,000
5%
$180,00
$150,000
5%
FICA Taxable Wage Base $128,400 $132,900
Maximum Compensation Limit $275,000 $280,000
Employer’s Deductible Contributions 25% 25%

Southern Pension Services Since 1997

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