2023 Limitations | 2022 Limitations | |
Annual Additions Maximum (415 Limit) | $66,000 | $61,000 |
Employee 401(k) Contributions (402(g) Limit) | $22,500 | $20,500 |
Catch-Up Contributions (Age 50 or Older) | $7,500 | $6,500 |
Highly Compensated Employee Threshold | $150,000 | $135,000 |
Key Employee Threshold | $215,000 | $200,000 |
Annual Compensation (401(a)(17)) Limit | $330,000 | $305,000 |
Social Security Wage Base | $147,000 | $142,800 |