| Contribution Limits |
2021 |
2022 |
| 401(k) / 403(b) / 457(b) elective deferrals |
$19,500 |
$20,500 |
| Catch-up contributions |
$6,500 |
$6,500 |
| DC Plan combined annual contribution limit |
$58,000 |
$61,000 |
| Annual compensation limit |
$290,000 |
$305,000 |
| Highly compensated employee threshold |
$130,000 |
$135,000 |
| Top heavy key employee dollar limit |
$185,000 |
$200,000 |
| Social Security taxable wage base |
$142,800 |
$147,000 |
| SIMPLE Plan contribution limit |
$13,500 |
$14,000 |
| SIMPLE Plan catch-up |
$3,000 |
$3,000 |
| Defined Benefit Annual Benefit Limit |
$230,000 |
$245,000 |
| ESOP Maximum Balance Subject to Five-Year Distribution Rule |
$1,165,000 |
$1,230,000 |
| ESOP Amount to Determine Lengthening Five-Year Distribution Period |
$230,000 |
$245,000 |
| IRA contribution limit |
$6,000 |
$6,000 |
| IRA catch-up |
$1,000 |
$1,000 |
