
retirement plan limits
At Premier Plan Consultants, we strive to keep you informed on retirement plan topics and changes. Below is a snapshot of this year's retirement plan funding limits and information on next year's maximum funding levels. For more information and/or questions about how you and your business can utilize this information to align with your retirement plan goals, please give us a call today.

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Annual Compensation
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Taxable Wage Base
​
Highly Compensated
​
Defined Contribution
​
Contribution Limit
​
Catch-up Contribution
​
Defined Benefit
​
SIMPLE 401(k) Limit
​
SIMPLE 401(k) Catch-up
​
IRA
​
IRA Catch-up
2021
$290,000
​
$142,800
​
$130,000
​
$58,000
​
$19,500
​
$6,500
​
$230,000
​
$13,500
​
$3,000
​
$6,000
​
$1,000
2022
$305,000
​
$147,000
​
$135,000
​
$61,000
​
$20,500
​
$6,500
​
$245,000
​
$14,000
​
$3,000
​
$6,000
​
$1,000