2019 Tax Brackets & Contribution Limits

Table 1. Tax Brackets and Rates, 2019

Tax Bracket/RateSingleMarried Filing JointlyHead of Household
10%$0 – $9,700$0 – $19,400$0 – $13,850
12%$9,701 – $39,475$19,401 – $78,950$13,851 – $52,850
22%$39,476 – $84,200$78,951 – $168,400$52,851 – $84,200
24%$84,201 – $160,725$168,401 – $321,450$84,201 – $160,700
32%$160,726 – $204,100$321,451 – $408,200$160,701 – $204,100
35%$204,101 – $510,300$408,201 – $612,350$204,101 – $510,300
37%$510,301+$612,351+$510,301+


2019 Contribution Limits

Description2019
Limit on employee contributions to 401k, 403b, or 457 plan$19,000
Limit on age 50+ catchup contributions to 401k, 403b, or 457 plan$6,000
SIMPLE 401k or SIMPLE IRA contributions limit$13,000
SIMPLE 401k or SIMPLE IRA age 50+ catch up contributions limit$3,000
Traditional and Roth IRA contribution limit$6,000
Traditional and Roth IRA age 50+ catchup contribution limit$1,000
Deductible IRA income(MAGI) limit, active participant in workplace retirement plan, single$64,000 – $74,000
Deductible IRA income(MAGI) limit, active participant in workplace retirement plan, married filing jointly
$103,000 – $123,000
Deductible IRA income(MAGI) limit, spouse is active participant in workplace retirement plan
$193,000 – $203,000
Roth IRA income(MAGI) limit, single
$122,000 – $137,000
Roth IRA income(MAGI) limit, married filing jointly
$193,000 – $203,000
FSA Contribution Limit$2,700
HSA Contribution Limit, single coverage$3,500
HSA Contribution Limit, family coverage$7,000

*MAGI(Modified Adjusted Gross Income)

2019 Qualified Dividend & Long-term capital gains

Tax Rate SingleMarried Filing Jointly Heads of Household
0%$0-$39,375$0-$78,750$0-$52,750
15%$39,376-$434,550$78,751-$488,850$0-$461,700
20%Over $434,550Over $488,850Over $461,700

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