The IRS recently announced cost of living adjustments that will apply to retirement plan dollar limits for 2019. Many of our clients will be interested in the increased contribution limit for employees who participate in 401(k), 403(b), and most 457 plans from $18,500 to $19,000.

Please view the below table for a full listing of updates for 2019:

If you have questions about the 2019 limits and how they might affect you or your business, please contact Becky Barnett, QPA, QKA via phone at (502) 882.4320 or e-mail.