Retirement Plan Service Plan Limits
2025 Indexed Figures For Qualified Retirement Plans
Qualified Retirement Plans must take various dollar limits into consideration. Some of these are indexed and can therefore change on occasion. The IRS has announced benefit plan limits for 2025. Below are the figures for 2025, along with the previous 2024 and 2023 limits for comparison.
Limits
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- Plan Elective Deferral Limit (Calendar Year)
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- Plan Catch-up Contribution Limits
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- Maximum Annual Contributions Limits (Money Purchase, Profit Sharing Target Plans)
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- Maximum Annual Benefit Limit Defined Benefit Plans
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- Maximum Annual Compensation Limit
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- Compensation Limit for Highly Compensated Employees*
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- Social Security Taxable Wage Base Limit*
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AGI Limits (Saver’s Credit):
Married Couples Filing Jointly
-
Single and Married Individuals Filing Separately
2025
-
$23,500
-
$7,500
-
$70,000
-
$280,000
-
$350,000
-
$160,000
-
$176,100
-
$79,000
-
$59,250
2024
-
$23,000
-
$7,500
-
$69,000
-
$275,000
-
$345,000
-
$155,000
-
$168,600
-
$76,500
-
$57,375
2023
-
$22,500
-
$7,500
-
$66,000
-
$265,000
-
$330,000
-
$150,000
-
$160,200
-
$73,000
-
$54,750
2022
-
- $20,500
-
- $6,500
-
- $61,000
-
- $245,000
-
- $305,000
-
- $135,000
-
- $147,000
-
$68,000
-
- $34,000
2021
-
- $19,500
-
- $6,500
-
- $58,000
-
- $235,000
-
- $290,000
-
- $130,000
-
- $142,800
-
$66,000
-
- $33,000
*Employees owning more than 5% of a company, as well as an employee who is a spouse, child, parent or grandparent of an employee owning more than 5% of a company will always be considered highly compensated
** Updated 11/08/2022