Related Limits |
2024 |
2023 |
403(b)/457 Elective Deferral Limit |
$23,000 |
$22,500 |
SIMPLE Employee Deferral Limit |
$16,000 |
$15,500 |
SIMPLE Catch-Up Deferral Limit |
$3,500 |
$3,500 |
SEP Minimum Compensation Limit |
$750 |
$750 |
SEP Annual Compensation Limit |
$345,000 |
$330,000 |
Social Security Taxable Wage Base |
$168,600 |
$160,200 |
Self-only HSA Contribution Limit |
$4,150 |
$3,850 |
Family HSA Contribution Limit |
$8,300 |
$7,750 |
HSA Catch-Up Contribution Limit |
$1,000 |
$1,000 |
IRA Contribution Limit |
$7,000 |
$6,500 |
IRA Catch-Up Contribution Limit |
$1,000 |
$1,000 |