2024 Dollar Limits
| 2024 Annual Dollar Limits for Qualified Plans | |||||||||
| Calendar Year | Maximum Defined Benefit | Maximum Defined Contribution | Maximum 401(k) Deferral | Over 50 Catch-up | Simple Deferral | Simple Over 50 Catch-up | Maximum Comp Limit | HCE Limits | |
|---|---|---|---|---|---|---|---|---|---|
| 2024 | 275,000 | 69,000 | 23,000 | 7,500 | 16,000 | 3,500 | 345,000 | 155,000 | |
| 2023 | 265,000 | 66,000 | 22,500 | 7,500 | 15,500 | 3,500 | 330,000 | 150,000 | |
| 2022 | 245,000 | 61,000 | 20,500 | 6,500 | 14,000 | 3,000 | 305,000 | 135,000 | |
| 2021 | 230,000 | 58,000 | 19,500 | 6,500 | 13,500 | 3,000 | 290,000 | 130,000 | |
| 2020 | 230,000 | 57,000 | 19,500 | 6,500 | 13,500 | 3,000 | 285,000 | 130,000 | |
| 2019 | 225,000 | 56,000 | 19,000 | 6,000 | 13,000 | 3,000 | 280,000 | 125,000 | |
| 2018 | 220,000 | 55,000 | 18,500 | 6,000 | 12,500 | 3,000 | 275,000 | 120,000 | |
| 2017 | 215,000 | 54,000 | 18,000 | 6,000 | 12,500 | 3,000 | 270,000 | 120,000 | |
| 2016 | 210,000 | 53,000 | 18,000 | 6,000 | 12,500 | 3,000 | 265,000 | 120,000 | |
| 2015 | 210,000 | 53,000 | 18,000 | 6,000 | 12,500 | 3,000 | 265,000 | 120,000 | |