2020 Maximum Contribution Table

Age Defined Benefit Defined Contribution Total
40 98,710 57,000 155,710
41 103,725 57,000 160,725
42 108,998 57,000 165,998
43 114,540 57,000 171,540
44 120,367 57,000 177,367
45 126,492 57,000 183,492
46 132,931 57,000 189,931
47 139,701 57,000 196,701
48 146,817 57,000 203,817
49 154,299 57,000 211,299
50 162,165 63,500 225,665
51 170,435 63,500 233,935
52 179,130 63,500 242,630
53 188,271 63,500 251,771
54 197,881 63,500 261,381
55 207,986 63,500 271,486
56 218,609 63,500 282,109
57 229,778 63,500 293,278
58 241,521 63,500 305,021
59 253,867 63,500 317,367
60 266,848 63,500 330,348
61 280,496 63,500 343,996
62 294,846 63,500 358,346
63 289,047 63,500 352,547
64 283,127 63,500 346,627
65 277,057 63,500 340,557

The above figures are estimates based on straight line amortization of current 415 limits. They assume the individual is at the compensation limit ($285,000) for 2020. Contributions use certain service and design assumptions and may vary from individual plan designs.

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