2020 401(k) Profit Sharing Plan Annual Limits

The 401(k) / Roth contribution limit is $19,500 plus $6,500 catch-up for employees age 50 and over.

The maximum compensation eligible for plan purposes, including calculation of employer or matching contributions is $290,000.

The maximum total contributions in a defined contribution plan is $58,000 per person.

For a full chart of limits, visit our Annual Dollar Limits page

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