2019 Voluntary Pre-Tax Retirement Withholding Limits

Monday, January 14, 2019

The U.S. Internal Revenue Service (IRS) increased the amount eligible employees can contribute to 403(b) and 457 plans by $500 over 2018 levels.

Elective deferral limits for 2019 are:

  • $19,000 for individuals under 50 years of age
  • $25,000 for individuals 50 years of age or older

Please consult with your financial advisor with questions regarding these limits and what voluntary pre-tax retirement savings strategy best applies to your situation.