| 2024 | 2023 | 2022 | 2021 | 2020 | |
| RETIREMENT PLANS | | | | ||
| Elective Deferrals 401(k), 403(b), etc | $23,000 | $22,500 | $20,500 | $19,500 | $19,500 |
| with over-50 catch-up | $30,500 | $30,000 | $27,000 | $26,000 | $26,000 |
| Defined Contribution Limits | $68,000 | $66,000 | $61,000 | $58,000 | $57,000 |
| with over-50 catch-up | $75,500 | $73,500 | $67,500 | $64,500 | $63,500 |
| IRAs | | | | ||
| IRA & Roth Contribution Limit | $7,000 | $6,500 | $6,000 | $6,000 | $6,000 |
| with over-50 catch-up | $8000 | $7,500 | $7,000 | $7,000 | $7,000 |
| SEP | | | | ||
| SEP Maximum Contribution | $69,000 | $66,000 | $61,000 | $58,000 | $57,000 |
| with over-50 catch-up | none | $73,500 | $67,500 | $64,500 | $63,500 |
| SIMPLE Plans | | | | ||
| SIMPLE Maximum Contributions | $16,000 | $15,500 | $14,000 | $13,500 | $13,500 |
| with over-50 catch-up | $19,500 | $19,000 | $17,000 | $16,500 | $16,500 |
WHAT WE'RE READING
