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There are quite a few changes to the plan limits for 2023. The deferral limit increases to $22,500 and the 415 limit increases to $65,000. The compensation limit increases to $330,000. Please refer to the .pdf below for additional details.
There are quite a few changes to the plan limits for 2022. The deferral limit increases to $20,500 and the 415 limit increases to $61,000. The compensation limit increases to $305,000. Please refer to the .pdf below for additional details.
Deferral limit and catch up limit stayed the same, at $19,500 and $6,500 respectively. The 415 limit increases to $58,000.The annual compensation limit increased to $290,000. Please refer to the .pdf below for additional details.
There are several changes to the plan limits for 2020. The deferral limit increases to $19,500 and the 415 limit increases to $57,000. The catch up limit increases to $6,500.
Please refer to .pdf below for additional details”
There are several changes to the plan limits for 2019. The deferral limit increases to $19,000 and the 415 limit increases to $56,000. The catch up limit remains unchanged.
Please refer to .pdf below for additional details [Read more…]
