IRS updated cost-of-living adjustments (COLAs) applicable to contribution limitations for qualified retirement plans.
| For Plan Years Beginning In | 2019 | 2018 | 2017 | 2016 | 2015 |
| Taxable Wage Base | $132,900 | $128,400 | $127,200 | $118,500 | $118,500 |
| Medicare Taxable Wage Base | No Limit | No Limit | No Limit | No Limit | No Limit |
| Defined Benefit Limit | $225,000 | $220,000 | $215,000 | $210,000 | $210,000 |
| Compensation Limit | $280,000 | $275,000 | $270,000 | $265,000 | $265,000 |
| SEP Coverage | $600 | $600 | $600 | $600 | $600 |
| Key Employee | 2019 | 2018 | 2017 | 2016 | 2015 |
| Officer Compensation Exceeding | $180,000 | $175,000 | $175,000 | $170,000 | $170,000 |
| A more than 1% Owner Compensation Exceeding | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 |
| A more than 5% Owner | – | – | – | – | – |
| Highly Compensated Employees | 2019 | 2018 | 2017 | 2016 | 2015 |
| Compensation Exceeding | $125,000 | $120,000 | $120,000 | $120,000 | $120,000 |
| Top Paid Group and Compensation Exceeding | $125,000 | $120,000 | $120,000 | $120,000 | $120,000 |
| A more than 5% Owner | – | – | – | – | – |
| For Plan Years Ending In | 2019 | 2018 | 2017 | 2016 | 2015 |
| Defined Contribution Limit | $56,000 | $55,000 | $54,000 | $53,000 | $53,000 |
| For Calendar Year | 2019 | 2018 | 2017 | 2016 | 2015 |
| 401(k) Deferral Limit | $19,000 | $18,500 | $18,000 | $18,000 | $18,000 |
| 401(k) “Catch-Up” Contribution * | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 |
| Simple Deferral Limit | $13,000 | $12,500 | $12,500 | $12,500 | $12,500 |
| Simple “Catch-Up” Contribution | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 |
* Applies to Participants who have their 50th birthday (or older) during the calendar year.
