Annual Compensation | Yes | $345,000 | $330,000 | $305,000 | $290,000 | $285,000 |
Minimum Compensation: SEP | No | $750 | $700 | $650 | $650 | $600 |
Elective Deferrals: 401(k) | No | $23,000 | $22,500 | $20,500 | $19,500 | $19,500 |
Elective Deferrals: SIMPLE | No | $16,000 | $15,500 | $14,000 | $13,500 | $13,500 |
Elective Deferrals: 457 | No | $23,000 | $22,500 | $20,500 | $19,500 | $19,500 |
Catch-Up Contributions: 401(k) | No | $7,500 | $7,500 | $6,500 | $6,500 | $6,500 |
Catch-Up Contributions: SIMPLE | No | $3,500 | $3,500 | $3,000 | $3,000 | $3,000 |
415 Limit: Defined Benefit Plans | Yes | $275,000 | $265,000 | $245,000 | $230,000 | $230,000 |
415 Limit: Defined Contribution Plans | Yes | $69,000 | $66,000 | $61,000 | $58,000 | $57,000 |
Social Security Wage Base | Yes | $168,600 | $160,200 | $147,000 | $142,800 | $137,700 |