Retirement Plan Limits
Value |
2021 |
2020 |
2019 |
2018 |
2017 |
Calendar Year 401(k) Deferral Limit |
$19,500 |
$19,500 |
$19,000 |
$18,500 |
$18,000 |
Plan Year Total Contribution Limit per Participant |
$58,000 |
$57,000 |
$56,000 |
$55,000 |
$54,000 |
Annual Compensation Limit for Plan Purposes |
$290,000 |
$285,000 |
$280,000 |
$275,000 |
$270,000 |
Calendar Year Catch-Up Contribution Limit |
$6,500 |
$6,500 |
$6,000 |
$6,000 |
$6,000 |
Compensation Level for Highly Compensated Employees |
$130,000 in 2020 |
$130,000 in 2019 |
$125,000 in 2018 |
$120,000 in 2017 |
$120,000 in 2016 |
Compensation Level for Key Employees |
$185,000 |
$185,000 |
$180,000 |
$175,000 |
$175,000 |
Social Security Wage Base |
$142,800 |
$137,700 |
$132,900 |
$128,400 |
$127,200 |