Benefit Limits

Indexed Employee Benefit Limits

ITEM20192018
1. Maximum deferral to a 401(k) Plan$19,000$18,500
2. Maximum 401(k) Catch Up Contribution - age 50 and over$6,000$6,000
3. Maximum Profit Sharing Plan contribution for a participant$56,000$55,000
4. Maximum 401(k) and Profit Sharing Plan contribution for a participant age 50 or older$62,000$61,000
5.Maximum Defined Benefit Pension Plan Benefit (Dollar Limit payable at ages 62 to 65)$225,000$220,000
6. Maximum compensation that can be used for Plan purposes$280,000$275,000
7. Highly Compensated Employee Compensation Threshold$125,000$120,000
8. Social Security Taxable Wage Base$132,900$128,400
9. Medicare Wage BaseUnlimitedUnlimited