| 2019 | 2020 | Increase | |
| Limit on employee contributions to 401k, 403b, or 457 plan | $19,000 | $19,500 | $500 |
| Limit on age 50+ catchup contributions to 401k, 403b, or 457 plan | $6,000 | $6,500 | $500 |
| SIMPLE 401k or SIMPLE IRA contributions limit | $13,000 | $13,500 | $500 |
| SIMPLE 401k or SIMPLE IRA age 50+ catchup contributions limit | $3,000 | $3,000 | None |
| Highly Compensated Employee definition | $125,000 | $130,000 | $5,000 |
| Maximum annual additions to all defined contribution plans by the same employer | $56,000 | $57,000 | $1,000 |
| Traditional and Roth IRA contribution limit | $6,000 | $6,000 | None |
| Traditional and Roth IRA age 50+ catchup contribution limit | $1,000 | $1,000 | None |
| Deductible IRA income limit, single, active participant in workplace retirement plan | $64,000 – $74,000 | $65,000 – $75,000 | $1,000 |
| Deductible IRA income limit, married, active participant in workplace retirement plan | $103,000 – $123,000 | $104,000 – $124,000 | $1,000 |
| Deductible IRA income limit, married, spouse is active participant in workplace retirement plan | $193,000 – $203,000 | $196,000 – $206,000 | $3,000 |
| Roth IRA income limit, single | $122,000 – $137,000 | $124,000 – $139,000 | $2,000 |
| Roth IRA income limit, married filing jointly | $193,000 – $203,000 | $196,000 – $206,000 | $3,000 |
| FSA Contribution Limit | $2,700 | $2,750 | $50 |
| HSA Contribution Limit, single coverage | $3,500 | $3,550 | $50 |
| HSA Contribution Limit, family coverage | $7,000 | $7,100 | $100 |
| HSA, age 55 catch-up | $1,000 | $1,000 | None |
NEWS
