IRS Limits

PENSION-RELATED DOLLAR LIMITATIONS SUBJECT TO ANNUAL COST OF LIVING ADJUSTMENTS (COLAs)
2025 2024
Annual Compensation Limit $350,000 $345,000
Employee Deferral Limit $23,500 $23,000
Catch-up Deferral Limit $7,500 $7,500
Defined Contribution Plan Limit $70,000 $69,000
Highly Compensated Employee $160,000 $155,000
Defined Benefit Plan Limit $280,000 $275,000
Social Security Taxable Wage Base $176,100 $168,600
PBGC Guaranteed Monthly Maximum Benefit (@ age 65) $7,431.82 $7,107.95