Pension Plan Limits

401(k) Plan Limits 2019 2020
401(k) Elective Deferrals $19,000 $19,500
Annual Defined Contribution Limit 56,000 57,000
Annual Compensation Limit 280,000 285,000
Catch-Up Contribution Limit 6,000 6,500
Highly Compensated Employees 125,000 130,000

Non 401(k) Related Limits 2019 2020
403(b)/457 Elective Deferrals $19,000 $19,500
SIMPLE Employee Deferrals 13,000 13,500
SIMPLE Catch-Up Contribution 3,000 3,000
Social Security Wage Base 132,900 137,700
Defined Benefit Annual Benefit 225,000 230,000

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