|
Annual Compensation |
Yes |
$350,000 |
$345,000 |
$330,000 |
$305,000 |
$290,000 |
|
Minimum Compensation: SEP |
No |
$750 |
$750 |
$700 |
$650 |
$650 |
|
Elective Deferrals: 401(k) |
No |
$23,500 |
$23,000 |
$22,500 |
$20,500 |
$19,500 |
|
Elective Deferrals: SIMPLE |
No |
$16,500 |
$16,000 |
$15,500 |
$14,000 |
$13,500 |
|
Elective Deferrals: 457 |
No |
$23,500 |
$23,000 |
$22,500 |
$20,500 |
$19,500 |
|
Catch-Up Contributions: 401(k) |
No |
$7,500 |
$7,500 |
$7,500 |
$6,500 |
$6,500 |
|
Catch-Up Contributions: 401(k) (Ages 60-63) |
No |
$11,250 |
- |
- |
- |
- |
|
Catch-Up Contributions: SIMPLE |
No |
$3,500 |
$3,500 |
$3,500 |
$3,000 |
$3,000 |
|
Catch-Up Contributions: SIMPLE (Ages 60-63) |
No |
$5,250 |
- |
- |
- |
- |
|
415 Limit: Defined Benefit Plans |
Yes |
$280,000 |
$275,000 |
$265,000 |
$245,000 |
$230,000 |
|
415 Limit: Defined Contribution Plans |
Yes |
$70,000 |
$69,000 |
$66,000 |
$61,000 |
$58,000 |
|
Social Security Wage Base |
Yes |
$176,100 |
$168,600 |
$160,200 |
$147,000 |
$142,800 |
