Productive Planning, Dependable Results

Pension Plan Limits

2024 2025
Elective Deferral Limit $23,000 $23,500
Catch-Up Contribution Limit $7,500 $7,500
Catch-Up Contribution Limit (ages 60-63) N/A $11,250
Annual Defined Contribution Limit $69,000 $70,000
Annual Compensation Limit $345,000 $350,000
Highly Compensated Employees $155,000 $160,000
Key/Officer Limit $220,000 $230,000
Social Security Taxable Wage Base $168,600 $176,100
Annual Defined Benefit Limit $275,000 $280,000