AMJ Financial Blog

2019 Retirement Plan Contribution Limits

Maxing out your retirement account contributions can be a smart financial move not only to help reduce your tax bill, but also to work towards the goal of setting aside enough money for the future.

But do you know how much you’re allowed to contribute? Contribution limits can vary greatly depending on the type of retirement account(s) you have, and many have increased their limits for 2019 (including IRAs for the first time in 6 years!). Some plans also have catch-up contribution options available for those who are nearing retirement.

CHART:  To find out how much money you can contribute to your retirement account(s), click here to download “2019 Retirement Plan Contribution Limits.”

Have additional questions about funding your retirement account(s) or making 2018 contributions before Tax Day? Contact our office at 703-466-0477 to schedule a call.

Securities offered through Triad Advisors, LLC, Member FINRA/SIPC

Advisory Services offered through AMJ Financial Wealth Management LLC

AMJ Financial Wealth Management LLC is not affiliated with Triad Advisors LLC

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