2023	2022	2021	2020
Qualified Plan
Compensation limit	$330,000	$305,000	$290,000	$285,000
401(k) and 403(b) Plan
Maximum elective deferral	$22,500	$20,500	$19,500	$19,500
SIMPLE Plan
Maximum elective deferral	$15,500	$14,000	$13,500	$13,500
Catch-up Contribution Limit
401(k) and 403(b)	$7,500	$6,500	$6,500	$6,500
SIMPLE	$3,500	$3,000	$3,000	$3,000
Highly Compensated Definition
Compensation test	$150,000	$135,000	$130,000	$130,000
Top Heavy Key EE Definition
Officer test	$215,000	$200,000	$185,000	$185,000
Social Security
Taxable wage base	$160,200	$147,000	$142,800	$137,700
Defined Contribution
Annual additions limit	$66,000	$61,000	$58,000	$57,000
Defined Benefit
Annual benefit limit	$265,000	$245,000	$230,000	$230,000