Retirement Plan Limits for 2019 The Internal Revenue service has recently announced the cost-of-living adjustments applicable to dollar limitations for tax qualified retirement plans. The limits are generally effective January 1, of the current year. The 2016 and 2017 limits are as follows:Deferral Limits20182019Maximum 403(b), 457(b) & 401(k) Contributions$18,500$19,000Maximum 401(k) Catch-Up Contribution$6,000$6,000Simple MaximumSimple Catch-Up$12,500$3,000$13,000$3,000Benefit LimitsIRC 415(c) Defined Contribution$55,000$56,000415(b) Defined Benefit$220,000$225,000 Compensation Limits Maximum Compensation Limit$275,000$280,000Highly Compensated Employee$120,000$125,000Key Employee Compensation for Top Heavy$175,000$180,000 Social Security Social Security Wage Base (OASDI basis)$128,400$132,900The above does not constitute, and should not be considered to be, legal or tax advice. The tax rules are complicated and their impact on a particular individual may differ depending on the individuals specific circumstances. Please consult with a legal or tax advisor regarding your specific situation.