Annual Limits
Annual Compensation and Contribution Limits for Qualified Retirement Plans
| 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|
| 401(k) and 403(b) Deferral Limit | 20,500 | 19,500 | 19,500 | 19,000 |
| 457 Deferral Limit | 20,500 | 19,500 | 19,500 | 19,000 |
| 401(k), 403(b), 457 Catch-up Contribution Limit | 6,500 | 6,500 | 6,500 | 6,000 |
| SIMPLE Deferral Limit | 14,000 | 13,500 | 13,500 | 13,000 |
| SIMPLE Catch-up Contribution Limit | 3,000 | 3,000 | 3,000 | 3,000 |
| Annual Compensation Limit | 305,000 | 290,000 | 285,000 | 280,000 |
| Defined Benefit 415 Limit | 245,000 | 230,000 | 230,000 | 225,000 |
| Defined Contribution 415 Limit | 61,000 | 58,000 | 57,000 | 56,000 |
| Dollar Limit for HCEs | 135,000 | 130,000 | 130,000 | 125,000 |
| Dollar Limit for Key Employee | 200,000 | 185,000 | 185,000 | 180,000 |
| Social Security Taxable Wage Base | 147,000 | 142,800 | 137,700 | 132,900 |