The IRS has announced the 2019 dollar limitations for retirement plans based on the applicable cost-of-living adjustment guidelines. The annual limit for elective deferrals to 401(k) and 403(b) plans will increase from $18,500 to $19,000, while the annual limit for catch-up contributions for individuals age 50 or over will remain unchanged at $6,000. The Social Security Administration also recently announced that the Social Security wage base will increase from $128,400 for 2018 to $132,900 for 2019. 

Listed below are the principal limits applicable for 2019 and 2018. 

Limit	2019	2018
Compensation Limit	$280,000	$275,000
Elective Deferrals (401(k), 403(b), 457(b))	$19,000	$18,500
Catch-up Contributions	$6,000	$6,000
Defined Contribution Plan 415 Limit	$56,000	$55,000
Defined Benefit Plan 415 Limit	$225,000	$220,000
Highly Compensated Employee	$125,000	$120,000
Social Security Wage Base	$132,900	$128,400
SIMPLE Plan Limit	$13,000	$12,500
SIMPLE Catch-up Contributions	$3,000	$3,000