Ekon Benefits Your Trusted Partner;

Contribution Limits

Year 2023 2022 2021 2020 2019
401(k) 22,500 20,500 19,500 19,500 19,000
Catch Up Contribution Limit 7,500 6,500 6,500 6,500 6,000
Defined Contribution Limit 66,000 61,000 58,000 57,000 56,000
Defined Benefit Limit 265,000 245,000 230,000 230,000 225,000
Compensation Limit 330,000 305,000 290,000 285,000 280,000
Highly Compensated 150,000 135,000 130,000 130,000 125,000
FICA 160,200 147,000 142,800 137,700 132,900