2020 Annual Limits
  • 401(k)/ 403(b) Deferral- $19,500
  • 401(k), 403(b), 457 Catch-up
    Contribution Limit- $6,500
  • SIMPLE Deferral Limit- $13,500
  • SIMPLE 401(k), IRA Catch-up- $3,000
  • Annual Compensation Limit- $285,000
  • Defined Benefit 415 Limit- $230,000
  • Defined Contribution 415 Limit- $57,000
  • Highly Compensated Employee (HCE)
    Compensation Limit- $130,000
  • Social Security Taxable Wage Base-$137,700