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2023 Plan Limits

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.

2023 Plan Limits .PDF

2022 Plan Limits

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.

2022 Plan Limits .PDF

2021 Plan Limits

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.

2021 Plan Limits .PDF

2020 Plan Limits

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”

2020 Plan Limits .PDF

2019 Plan Limits

2019 Plan Limits

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…]

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