As outlined in IR 2018-211, (11/1/2018), IRS announced cost of living adjustments that apply to benefit plans for 2019. Elective deferral limit under Code Sec. 402(g); and Code Sec. 457(e); increased to $19,000. Code Sec. 415(b)(1)(A); defined benefit plan limitation increased to $225,000 and Code Sec. 415(c)(1)(A); defined contribution plan limitation increased to $56,000.
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