2024 | 2023 | 2022 | ||
401(k), 403(b), 457 Deferral Limit | 23,000 | 22,500 | 20,500 | |
401(k), 403(b), 457 Catch-up Deferral Limit (Age 50+) | 7,500 | 7,500 | 6,500 | |
Annual Compensation Limit | 345,000 | 330,000 | 305,000 | |
Defined Contribution 415 Limit | 69,000 | 66,000 | 61,000 | |
Defined Benefit 415 Limit | 275,000 | 265,000 | 245,000 | |
HCE Compensation (prior plan year) |
155,000 | 150,000 | 135,000 | |
Key Employee Compensation - Officer |
220,000 | 215,000 | 200,000 | |
Key Employee Compensation - 1% Owner |
150,000 | 150,000 | 150,000 | |
Social Security Taxable Wage Base | 168,600 | 160,200 | 147,000 | |
SIMPLE Deferral Limit |
16,000 | 15,500 | 14,000 | |
SIMPLE Catch-up Deferral Limit | 3,500 | 3,500 | 3,000 | |
IRA/CalSavers Deferral Limit |
6,500 | 6,500 | 6,000 |