2018 – 2019 Contribution Limits

2018 – 2019  Contribution Limits for Self-Directed IRAs

The contribution limits for the accounts listed on this page are the maximum amounts allowable under IRS regulations. Account holders are encouraged to speak with their tax advisors to insure their eligibility to make full contributions to one of the accounts below, as some of the accounts may have additional restrictions on contributions based on an individual’s Adjusted Gross Income (AGI).

2018 2019
Traditional/Roth IRAs
Annual Contribution $5,500 $6,000
Catch-Up Contribution (ages 50 and older) $1,000 $1,000
SEP IRA
Annual Contribution The lesser of $55,000 or 25% of compensation The lesser of $56,000 or 25% of compensation
SIMPLE IRA
Employee Salary Deferral $12,500 $13,000
Salary Deferral Catch-Up Contribution (ages 50 and older) $3,000 $3,000
Employer Matching Contribution Between 1-3% of employee’s deferral Between 1-3% of employee’s deferral
Employer Non-Elective Contribution 2% of employee’s compensation 2% of employee’s compensation
401(k)/Profit-Sharing Plan
Employee Salary Deferral $18,500 $19,000
Salary Deferral Catch-Up Contribution (ages 50 and older) $6,000 $6,000
Employer Profit-Sharing Contribution Up to 25% of salary of self-employed earnings Up to 25% of salary of self-employed earnings
Total Combined Contribution – salary deferral plus profit sharing match (under age 50) $55,000 $56,000
Total Combined Contribution – salary deferral plus profit sharing match (age 50 or older) $60,000  $61,000
Health Savings Account (HSA)
Individual HSA $3,450 $3,500
Family HSA $6,900 $7,000
Additional Catch-Up Provision (if over age 55) $1,000 $1,000
Coverdell Education Savings Account (ESA)
Limit Per Beneficiary $2,000  $2,000
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