Contribution limits | American Funds

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Retirement Planning

2020 retirement plan contribution limits

The amount of money that you can contribute to your retirement plan account each year has generally increased over time. The table below shows the contribution limits for a variety of plans and IRA types. Check with your employer about any specific contribution limits for your plan.

* Catch-up contributions for individuals age 50 and over may be permitted in addition to annual contributions. Check with your employer to see if this option is available in your plan.  


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Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional or downloaded and should be read carefully before investing.