IRS Contribution Limits for Tax-Deferred Accounts

Workplace Retirement Plans20202021
401(k), 403(b), most 457 plans, TSP19,50019,500
Catch-up contribution for individuals age 50 and over6,5006,500
Individual Retirement Accounts20202021
Traditional IRA6,0006,000
Roth IRA6,0006,000
Catch-up contribution for individuals age 50 and over1,0001,000
Health Savings Accounts20202021
Individual3,5503,600
Family7,1007,200
Catch-up contribution for individuals age 55 and over1,0001,000

Note: The maximum HSA contribution includes both employer + employee contributions.

Source:

https://www.irs.gov/newsroom/401k-contribution-limit-increases-to-19000-for-2019-ira-limit-increases-to-6000
https://www.irs.gov/pub/irs-drop/rp-18-30.pdf



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