650 NE Holladay Street,
The Liberty Centre, Suite 1500
Portland, OR 97232
The IRS has announced cost-of-living adjustments to retirement plan and IRA contribution limits, with increases for the second year in a row, though catch-up contributions will not change.
2018 Limits | 2019 Limits | |
401(k), 403(b), and 457 plans | $18,500 | $19,000 |
Age 50+ catch-up contribution (additional to the standard contribution) | $6,000 | $6,000 |
Traditional and Roth IRAs | $5,500 | $6,000 |
Age 50+ catch-up contribution (additional to the standard contribution) | $1,000 | $1,000 |
To view the IRS document with detailed information, visit https://www.irs.gov/pub/irs-drop/n-18-83.pdf