salary deferrals - $19,500 in 2020 ($19,000 in 2019), plus $6,500 in 2020 ($6,000 in 2015 - 2019) if the employee is age 50 or older (IRC Sections 402(g) and 414(v))
annual compensation - $285,000 in 2020, $280,000 in 2019 (IRC Section 401(a)(17))
total employee and employer contributions (including forfeitures) - the lesser of 100% of an employee’s compensation or $57,000 for 2020 ($56,000 for 2019 not including "catch-up" elective deferrals of $6,500 in 2020 ($6,000 in 2015 - 2019) for employees age 50 or older) (IRC section 415(c))
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