There are quite a few changes to the plan limits for 2022. The deferral limit increases to $20,500 and the 415 limit increases to $61,000. The compensation limit increases to $305,000. Please refer to the .pdf below for additional details.

Deferral limit and catch up limit stayed the same, at $19,500 and $6,500 respectively. The 415 limit increases to $58,000.The annual compensation limit increased to $290,000. Please refer to the .pdf below for additional details.

There are several changes to the plan limits for 2020. The deferral limit increases to $19,500 and the 415 limit increases to $57,000. The catch up limit increases to $6,500.

Please refer to .pdf below for additional details”

2019 Plan Limits

There are several changes to the plan limits for 2019. The deferral limit increases to $19,000 and the 415 limit increases to $56,000. The catch up limit remains unchanged.

Please refer to .pdf below for additional details Continue reading →