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Plan Limits

October 28, 2014 by  
Filed under Uncategorized

COMMON RETIREMENT PLAN DOLLAR LIMITATIONS

2022 2021 2020
401(k), 403(b), Profit Sharing Plans
Elective Deferral Limit 20,500 19,500 19,500
Catch-up Contributions 6,500 6,500 6,500
Compensation Limit 305,000 290,000 285,000
Annual Addition Limit 61,000 58,000 57,000
General
Taxable Wage Base 147,000 142,800 137,700
Highly Compensated Employee 135,000 130,000 130,000
Key Employee:
Officer 200,000 185,000 185,000
1% Owner 150,000 150,000 150,000

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