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Plan Limits

Contribution Limits for Retirement Plans

Limits2025202420232022
Compensation$350,000$345,000$330,000$305,000
Taxable Wage Base$176,100$168,600$160,200$147,000
Highly Compensated Employee (HCE)$160,000$155,000$150,000$135,000
Key Employer/Officer$230,000$220,000$215,000$200,000
Defined Contribution Limit$70,000$69,000$66,000$61,000
Maximum Contributions (401k/403b/457)$23,500$23,000$22,500$20,500
Maximum Catch-Up – Age 50+ (401k/403b/457)$7,500$7,500$7,500$6,500
Defined Benefit Limit$280,000$275,000$265,000$245,000
SIMPLE$16,500$16,000$15,500$14,000
SIMPLE Catch-Up – Age 50+$3,500$3,500$3,500$3,000
IRA Contribution Limit$7,000$7,000$6,500$6,000
IRA Catch-Up – Age 50+$1,000$1,000$1,000$1,000