REI Wealth Magazine Featuring Kaaren Hall with uDirect IRA Services | Page 34
Selfdirected IRA changes for
2019
If you already invest in an SDIRA or plan to,
the following changes for selfdirected IRAs
will happen next year.:
New contribution limits for 2019
SEP IRAs
● 2018 $5,500
● 2019 $6,000
2018 $55,000 Max Considered
Compensation $275,000
Individuals over 50
2019 $56,000 Max Considered
Compensation $280,000
● 2018 $6,500
● 2019 $7,000 SIMPLE IRAs
401(k) employee contributions 20152018
● Under 50 $12,500
2018
● 50+ $15,500
● under 50 $18,500
● 50+ $24,500
2019
● Under 50 $13,000
2019
● 50+ $16,000
● under 50 $19,000
● 50+ $25,000
As of October 2018, the ability to
recharacterize a Roth conversion has ended.
As of March, 2018, there was a reported $9.2
Trillion in IRAs in the U.S. (up from $8.7
trillion).
If you’re looking for an investment option
outside of Wall Street, a selfdirected IRA is a
great investment choice.
34