Setrics Tracker

Retirement Plan Limits

Code SectionExplanation20192018
402(g)(1) Elective DeferralsMaximum amount employees can contribute to a 401(k) or 403(b) Plan$19,000$18,500
457(b)(2) and 457(c)(1) LimitsMaximum amount an employee and/or employer can contribute to a 457 Plan$19,000$18,500
414(v)(2)(B)(i) Catch-up ContributionsAdditional amount those over age 50 can contribute to a 401(k) or 403(b) plan$6,000$6,000
414(q)(1)(B) Highly Compensated Employee ThresholdCompensation amount used to determine Highly Compensated Employees (Lookback year)$125,000$120,000
415(c)(1)(A) Defined Contribution LimitsAnnual limit on all contributions (employee and employer) for 401(k) and 403(b) plans$56,000$55,000
Annual Compensation LimitMaximum Compensation for Qualified Plan Purposes$280,000$275,000
Taxable Wage BaseSocial Security wage base$132,900$128,400

Health and Cafeteria Plan Limits

Maximum Health FSA Election$2,700$2,650
Maximum Dependent Care FSA Election$5,000$5,000
HSA Max. Contribution (Single)$3,500$3,450
HSA Max. Contribution (Family)$7,000$6,900
HSA Catch-Up Contribution (55 and over)$1,000$1,000
HDHP Min. Annual Deductible (Single)$1,350$1,350
HDHP Min. Annual Deductible (Family)$2,700$2,700
HDHP Out of Pocket Max. (Single)$6,750$6,650
HDHP Out of Pocket Max. (Family)$13,500$13,300
Parking Max. Monthly Reimbursement$265$260
Transit Max. Monthly Reimbursement$265$260
Mileage Rate (for medical treatment)$0.20/mi.$0.18/mi.
Highly Compensated Employee180, 000$175,000