2024 Limitations | 2023 Limitations | |
Annual Additions Maximum (415 Limit) | $69,000 | $66,000 |
Employee 401(k) Contributions (402(g) Limit) | $23,000 | $22,500 |
Catch-Up Contributions (Age 50 or Older) | $7,500 | $7,500 |
Highly Compensated Employee Threshold | $155,000 | $150,000 |
Key Employee Threshold | $220,000 | $215,000 |
Annual Compensation (401(a)(17)) Limit | $345,000 | $330,000 |
Social Security Wage Base | $168,600 | $160,200 |