Annual Compensation and Contribution Limits
Various compensation limits or employee classification thresholds are subject to change depending on the plan year.
The application of this information may not be as straightforward as one might think! Be in touch with your compliance service provider to ensure your application of this information is appropriate. For reference only.
Annual Limits
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| 401(k), 403(b), 457 Deferral Limit | 23,500 | 23,000 | 22,500 |
| 401(k), 403(b), 457 Catch-up Deferral Limit (Age 50+) | 7,500 | 7,500 | 7,500 |
| 401(k), 403(b), 457 Catch-up Deferral Limit (Age 60-63+) | 11,250 | ||
| Annual Compensation Limit | 350,000 | 345,000 | 330,000 |
| Defined Contribution 415 Limit | 70,000 | 69,000 | 66,000 |
| Defined Benefit 415 Limit | 280,000 | 275,000 | 265,000 |
| HCE Compensation (prior plan year) | 160,000 | 155,000 | 150,000 |
| Key Employee Compensation – Officer | 230,000 | 220,000 | 215,000 |
| Key Employee Compensation – 1% Owner | 150,000 | 150,000 | 150,000 |
| Social Security Taxable Wage Base | 176,100 | 168,600 | 16,200 |
| SIMPLE Deferral Limit | 16,500 | 16,000 | 15,500 |
| SIMPLE Catch-up Deferral Limit | 3,500 | 3,500 | 3,500 |
| SIMPLE Catch-up Deferral Limit (Age 60-63) | 3,850 | ||
| IRA/CalSavers Deferral Limit | 7,000 | 6,500 | 6,500 |