For Employer-Sponsored Plans
Annual retirement contribution limits
| Contribution Limits | 2020 | 2021 |
| 401(k) / 403(b) / 457(b) elective deferrals | $19,500 | $19,500 |
| Catch-up contributions | $6,500 | $6,500 |
| DC Plan combined annual contribution limit | $57,000 | $58,000 |
| Annual compensation limit | $285,000 | $290,000 |
| Highly compensated employee threshold | $130,000 | $130,000 |
| Top heavy key employee dollar limit | $185,000 | $185,000 |
| Social Security taxable wage base | $137,700 | $142,800 |
|
SIMPLE Plan contribution limit |
$13,500 | $13,500 |
| SIMPLE Plan catch-up | $3,000 | $3,000 |
| Defined Benefit Annual Benefit Limit | $230,000 | $230,000 |
| ESOP Maximum Balance Subject to Five-Year Distribution Rule | $1,150,000 | $1,165,000 |
| ESOP Amount to Determine Lengthening Five-Year Distribution Period | $230,000 | $230,000 |
| IRA contribution limit | $6,000 | $6,000 |
| IRA catch-up | $1,000 | $1,000 |
Contribution Limits
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