---
title: 2020 Contribution Limits
description: The IRS has announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2019.
image: https://www.bjorkgroup.com/hubfs/Bjork%20Group_2020%20Contribution%20Limits_Headline%20Image.png
---

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# Blog

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The IRS has announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2019. For company retirement plans, the most recognized highlight is the 401(k) contribution limit increase to $19,500 for the new year.

Review the full list of contribution limit changes below and share with your plan participants!

[![Download-Button](https://www.bjorkgroup.com/hs-fs/hubfs/Download-Button.png?width=160&name=Download-Button.png)](https://www.bjorkgroup.com/hubfs/Bjork%20Group_2020%20Contribution%20Limits.pdf)

 

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