National Administration

(920) 733-7141

National Administration

NEW LIMITS
2020
2019 2018
401(k) Deferrals (Pre-Tax and Roth combined) $19,500 $19,000 $18,500
Maximum Compensation $285,000 $280,000 $275,000
Maximum Contributions –
(Does not include Catch-Up Contributions)
$57,000 $56,000 $55,000
Highly Compensated Employee $130,000 $125,000 $120,000
Key Employee – Officer $185,000 $180,000 $175,000
Social Security Wage Base $137,700 $132,900 $128,400
Medicare Wage Base Unlimited Unlimited Unlimited
Catch-Up Contributions
(Additional 401(k) Deferrals for those 50 and over)
$6,500 $6,000 $6,000

Testimonials