fb-pixel
Select Page

2021 IRS Retirement Plan Contribution Limits

October 26, 2020
The IRS has released the Annual Plan Limitations for 2021 for defined contribution and defined benefit plans. 403(b), 457(b), & 401(k) elective deferral, catch-up and other key limits are listed below.
 2020 Limits2021 Limits
Employee Elective Deferrals to the 403(b), 457(b) and 401(k) Plans $19,500 $19,500
Catch-Up Contributions (Age 50 or older) to the 403(b), 457(b) and 401(k) Plans$6,500 $6,500
Annual Addition Dollar Maximum (applies to Employer-paid 401(a), 403(b) and 401(k) Plans)$57,000 $58,000
Defined Benefit Dollar Maximum $230,000 $230,000
Highly Compensated Employee Threshold (applies mainly to 401(k) Plans)$130,000 $130,000
Key Employee Threshold (applies mainly to 401(k) Plans)$185,000 $185,000
Annual Compensation (applies to almost all retirement plans)$285,000 $290,000
Annual IRA contribution (unchanged)$6,000 $6,000
IRA catch-up contributions (age 50 and older; unchanged)$1,000 $1,000
Click here to download a PDF version of this information.
Click here to view a complete list of 2021 IRS limits.
If you have any questions or would like clarification on any of these contribution limits, please submit a message below:
[formidable id=”53″ minimize=”1″]

Find an advisor

You don’t have to figure things out on your own. Click below to get matched with an advisor.

Get started →

Retirement Readiness Analysis

Schedule a meeting with a Retirement Plan Specialist find out your retirement income gap and when you can afford to retire.

Schedule now →

A Better Small Business 401(k)

Don’t let your employees pay high fees and get stuck with bad investments. Request a no-cost analysis today!

Request a demo →

Connect with Us

Related Posts

0 Comments

0 Comments

Share This