2019 SRA Deferral Limits

Supplemental Retirement Annuity (SRA) Deferral Limits for the calendar year 2019

The Supplemental Retirement Annuity (SRA) deferral limits have increased for the calendar year 2019. Therefore, if you are under the age of 50, you may contribute up to $19,000 in 2019. The age 50 and over catch up limit is $6,000. If you are over age 50, you may contribute $19,000 plus an additional $6,000 for a total of $25,000 in 2019. The following information is provided to assist you as you consider starting, maintaining or increasing your contributions.

Employees may begin or continue current deductions to either a 401(k) or a 403(b) plan and, also, open a 457(b) plan to defer income beyond the maximum permitted with either the existing 401(k) or 403(b) plans. Contributions up to the maximum can be made to both plans [i.e., $19,000 plus $6,000 ($25,000), if over age 50, to the 401(k) or the 403(b), and an additional $19,000 plus $6,000 ($25,000), if over age 50, to a 457(b)]. You may maximize your deferral amount by using the following chart:

Pay Frequency If you are under age 50 $19,000 Age 50 and over

$19,000 + $6,000

Biweekly (26 pays) $730.76 $961.53
Biweekly (22 pays) $863.63 $1,136.36

This chart assumes that the deferral election is effective the first pay period in 2019 (pay period ending January 5, 2019).

Last updated: November 29, 2018

Last updated: November 29, 2018