Monthly Archives: November 2018

IRS releases 2019 pension plan updates

November 1, 2018

The IRS has released the updated pension plan amounts for 2019. Here are the highlights: Contribution limit for employees participating in 401(k), 403(b) and most 457 plans increases from $18,500 to $19,000. Catch-up contribution limit remains unchanged at $6,000 SIMPLE retirement account limits increases from $12,500 to $13,000 Maximum annual addition for defined contribution plans […]