Ekon Benefits Your Trusted Partner;

Contribution Limits

Year 2024 2023 2022 2021 2020
401(k) 23,000 22,500 20,500 19,500 19,500
Catch Up Contribution Limit 7,500 7,500 6,500 6,500 6,500
Defined Contribution Limit 69,000 66,000 61,000 58,000 57,000
Defined Benefit Limit 275,000 265,000 245,000 230,000 230,000
Compensation Limit 345,000 330,000 305,000 290,000 285,000
Highly Compensated 155,000 150,000 135,000 130,000 130,000
FICA 168,600 160,200 147,000 142,800 137,700