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Each year the IRS announces cost of living adjustments for qualified retirement plans. Great Lakes is pleased to present the current year limits as well as the prior three years below.
401(k) and 403(b) Deferral Limit
457 Deferral Limit
401(k), 403(b), 457 Catch-up Contribution Limit
SIMPLE Deferral Limit
SIMPLE Catch-up Contribution Limit
Annual Compensation Limit
Defined Benefit 415 Limit
Defined Contribution 415 Limit
Dollar Limit for HCEs
Dollar Limit for Key Employee
Social Security Taxable Wage Base