Benefit Limits

Indexed Employee Benefit Limits

1. Maximum deferral to a 401(k) Plan$22,500$20,500
2. Maximum 401(k) Catch Up Contribution - age 50 and over$7,500$6,500
3. Maximum Profit Sharing Plan contribution for a participant$66,000$61,000
4. Maximum 401(k) and Profit Sharing Plan contribution for a participant age 50 or older$73,500$67,500
5.Maximum Defined Benefit Pension Plan Benefit (Dollar Limit payable at ages 62 to 65)$265,000$245,000
6. Maximum compensation that can be used for Plan purposes$330,000$305,000
7. Highly Compensated Employee Compensation Threshold$150,000$135,000
8. Social Security Taxable Wage Base$160,200$147,000
9. Medicare Wage BaseUnlimitedUnlimited