IRS Announces 2019 Retirement Plan Limits
The Internal Revenue Service has announced the cost-of-living adjustments applicable for all types of qualified retirement plans and IRAs. For 2019, highlights include: The Annual Contribution Limit for 401(k), 403(b) and 457 plans increased from $18,500 to $19,000. The Catch-up Contribution Limit remains unchanged at $6,000. The Annual Contribution Limit for SIMPLE retirement plans increased from $12,500 to $13,000. The Catch-up Contribution Limit remains unchanged at $3,000

