HELPING BUILD GOALS AND DREAMS
HELPING BUILD GOALS AND DREAMS

IRS COLA Limits

Defined betfair exchange betting Plans 2025 2024 2023
Deferral betfair exchange betting for: 401(k), 403(b), and 457(b) plans ,500 ,000 .500
Catch-up Contribution betfair exchange betting for: 401(k), 403(b), and governmental 457(b) plans (individuals over 50)* ,500 ,500 ,500
Super Catch-up Contribution betfair exchange betting (ages 60-63)* ,250    
Simple IRA Annual Contribution betfair exchange betting ,500 ,000 ,500
Simple IRA Catch-Up betfair exchange betting ,500 ,500 ,500
Simple IRA Super Catch-Up betfair exchange betting* ,250    
Defined Contribution Plan Annual Contribution betfair exchange betting ,000 ,000 ,000

 

*Under SECURE 2.0, starting in 2025, the ,500 (,500 for Simple IRAs) catch-up contribution betfair exchange betting is increased to ,250 (,250 for Simple IRAs) for those who reach ages 60, 61, 62 and 63 during the year. Those turning 64 in 2025, for example, are permitted to use the ,500 catch-up (,500 for Simple IRAs), but not the super catch-up. 

Compensation 2025 2024 2023
Annual Compensation Cap 0,000 5,000 0,000
*Highly Compensated Employee Threshold* 0,000 5,000 0,000
Key Employee Compensation Threshold 0,000 0,000 5,000
Employee Compensation betfair exchange betting for the Employer Contribution Tax Credit 5,000 0,000  

*An employee earning over 5,000 in 2024 will be treated as highly compensated in 2025. An employee earning over 0,000 in 2025 will be treated as highly compensated in 2026.*

Defined Benefit Plans 2025 2024 2023
DB Plan Annual Benefit betfair exchange betting 0,000 5,000 5,000
Max Lump Sum at Age 62 .587 million .4 million .419 million
Social Security 2025 2024 2023
Social Security Taxable Wage Base 6,100 8,600 0,200