Appendix E Indexed Employee Limits

The employee benefit limits that follow are indexed annually for inflation, rounded to the increment levels set forth below.Type of Limit2017(Rev. Proc. 2016-55)2018(Rev. Proc. 2017-64)2019 (Rev. Proc. 2018-83)2020(Rev. Proc. 2019-59)2021 (Rev. Proc. 2020-79)2022 (Rev. Proc. 2021-61)2023 (Rev. Proc. 2022-38)2024 (Rev. Proc. 2023-75)Defined Benefit Plans Q 3868$215,000$220,000$225,000$230,000$230,000$245,000$265,000$275,000Defined Contribution Plans Q 3868$54,000 or 100% of pay$55,000 or 100% of pay$56,000 or 100% of pay$57,000 or 100% of pay$58,000 or 100% of pay$61,000 or 100% of pay$66,000 or 100% of pay$68,000 or 100% of payElective Deferral Limit for 401(k) Plans and SAR-SEPs Q 3705, Q 3760$18,000$18,500$19,000$19,500$19,500$20,500$22,500$23,000Elective Deferral Limit for SIMPLE IRAs and SIMPLE 401(k) Plans Q 3706, Q 3760$12,500$12,500$13,000$13,500$13,500$14,000$15,500$16,000Elective Deferral Limit for 457 Plans Q 3584$18,000$18,500$19,000$19,500$19,500$20,500$22,500$23,000Minimum Compensation Amount for SEPs Q 3701$600$600$600$600$650$650$750$750Maximum Compensation Amount for VEBAs Q 4103; SEPs Q 3701; TSAs Q 4033; Qualified Plans Q 3867, Q 3927F$270,000$275,000$280,000$285,000$290,000$305,000$330,000$345,000Catch-up for 401(k) Plans Q 3761$6,000$6,000$6,000$6,500$6,500$6,500$7,500$7,500Catch-up for SIMPLE IRAs and SIMPLE 401(k) Plans Q 3706, Q 3761$3,000$3,000$3,000$3,000$3,000$3,000$3,500$3,500

<p><br /> <table width="0"><br /> <tbody><br /> <tr><br /> <td style="text-align: center" width="119"><strong>Individual Retirement Account<br /> Limit</strong></td><br /> <td style="text-align: center" width="74"><strong>2017<br /> </strong><strong>(IR 2016-55)</strong></td><br /> <td style="text-align: center" width="82"><strong>2018<br /> </strong><strong>(Rev. Proc.<br /> </strong><strong style="font-family: inherit;font-size: inherit">2017-64)</strong></td><br /> <td style="text-align: center" width="72"><strong>2019<br /> </strong><strong>(Notice 2018-83)</strong></td><br /> <td style="text-align: center" width="83"><strong>2020<br /> </strong><strong>(Notice 2019-59)</strong></td><br /> <td style="text-align: center" width="80"><strong>2021<br /> </strong><strong>(Notice 2020-79)</strong></td><br /> <td style="text-align: center" width="82"><strong>2022<br /> </strong><strong>(Notice 2021-61)</strong></td><br /> <td style="text-align: center" width="74"><strong>2023<br /> (Notice 2022-38)</strong></td><br /> <td style="text-align: center" width="72"><strong>2024 (Notice 2023-75)</strong></td><br /> </tr><br /> <tr><br /> <td width="119">Total Contributions to Traditional and Roth IRAs &ndash; see Q 3656, Q 3659</td><br /> <td style="text-align: center" width="74">$5,500</td><br /> <td style="text-align: center" width="82">$5,500</td><br /> <td style="text-align: center" width="72">$6,000</td><br /> <td style="text-align: center" width="83">$6,000</td><br /> <td style="text-align: center" width="80">$6,000</td><br /> <td style="text-align: center" width="82">$6,000</td><br /> <td style="text-align: center" width="74">$6,500</td><br /> <td style="text-align: center" width="72">$7,000</td><br /> </tr><br /> <tr><br /> <td width="119">Total Catch-up Contributions to Traditional and Roth IRAs &ndash; see Q 3656, Q 3659</td><br /> <td style="text-align: center" width="74">$1,000</td><br /> <td style="text-align: center" width="82">$1,000</td><br /> <td style="text-align: center" width="72">$1,000</td><br /> <td style="text-align: center" width="83">$1,000</td><br /> <td style="text-align: center" width="80">$1,000</td><br /> <td style="text-align: center" width="82">$1,000</td><br /> <td style="text-align: center" width="74">$1,000</td><br /> <td style="text-align: center" width="72">$1,000</td><br /> </tr><br /> <tr><br /> <td width="119"></td><br /> <td style="text-align: center" colspan="8" width="620">Traditional IRA Deductible Contribution Limit: MAGI- see Q 3656</td><br /> </tr><br /> <tr><br /> <td width="119">Joint Return (Active Participant Spouse)</td><br /> <td style="text-align: center" width="74">$99,000-<br /> $119,000</td><br /> <td style="text-align: center" width="82">$101,000-<br /> $121,000</td><br /> <td style="text-align: center" width="72">$103,000-<br /> $123,000</td><br /> <td style="text-align: center" width="83">$104,000-<br /> $124,000</td><br /> <td style="text-align: center" width="80">$105,000-<br /> $125,000</td><br /> <td style="text-align: center" width="82">$109,000-<br /> $129,000</td><br /> <td style="text-align: center" width="74">$116,000-<br /> $136,000</td><br /> <td style="text-align: center" width="72">$123,000-<br /> $143,000</td><br /> </tr><br /> <tr><br /> <td width="119">Joint Return (Non Active Participant Spouse)</td><br /> <td style="text-align: center" width="74">$186,000-<br /> $196,000</td><br /> <td style="text-align: center" width="82">$189,000-<br /> $199,000</td><br /> <td style="text-align: center" width="72">$193,000-<br /> $203,000</td><br /> <td style="text-align: center" width="83">$196,000-<br /> $206,000</td><br /> <td style="text-align: center" width="80">$198,000-<br /> $208,000</td><br /> <td style="text-align: center" width="82">$204,000-<br /> $214,000</td><br /> <td style="text-align: center" width="74">$218,000-<br /> $228,000</td><br /> <td style="text-align: center" width="72">$230,000-<br /> $240,000</td><br /> </tr><br /> <tr><br /> <td width="119">Single/Head of Household</td><br /> <td style="text-align: center" width="74">$62,000-<br /> $72,000</td><br /> <td style="text-align: center" width="82">$63,000-<br /> $73,000</td><br /> <td style="text-align: center" width="72">$64,000-<br /> $74,000</td><br /> <td style="text-align: center" width="83">$65,000-<br /> $75,000</td><br /> <td style="text-align: center" width="80">$66,000-<br /> $76,000</td><br /> <td style="text-align: center" width="82">$68,000-<br /> $78,000</td><br /> <td style="text-align: center" width="74">$73,000-<br /> $83,000</td><br /> <td style="text-align: center" width="72">$77,000-<br /> $87,000</td><br /> </tr><br /> <tr><br /> <td width="119"></td><br /> <td style="text-align: center" colspan="8" width="620">Roth IRA Contribution Limit: MAGI- see Q 3659</td><br /> </tr><br /> <tr><br /> <td width="119">Joint Return</td><br /> <td style="text-align: center" width="74">$186,000<br /> -$196,000</td><br /> <td style="text-align: center" width="82">$189,000-<br /> $199,000</td><br /> <td style="text-align: center" width="72">$193,000-<br /> $203,000</td><br /> <td style="text-align: center" width="83">$196,000-<br /> $206,000</td><br /> <td style="text-align: center" width="80">$198,000-<br /> $208,000</td><br /> <td style="text-align: center" width="82">$204,000-<br /> $214,000</td><br /> <td style="text-align: center" width="74">$218,000-<br /> $228,000</td><br /> <td style="text-align: center" width="72">$230,000-<br /> $240,000</td><br /> </tr><br /> <tr><br /> <td width="119">Single/Head of Household</td><br /> <td style="text-align: center" width="74">$118,000-<br /> $133,000</td><br /> <td style="text-align: center" width="82">$120,000-<br /> $135,000</td><br /> <td style="text-align: center" width="72">$122,000-<br /> $137,000</td><br /> <td style="text-align: center" width="83">$124,000-<br /> $139,000</td><br /> <td style="text-align: center" width="80">$125,000-<br /> $140,000</td><br /> <td style="text-align: center" width="82">$129,000-<br /> $144,000</td><br /> <td style="text-align: center" width="74">$138,000-<br /> $153,000</td><br /> <td style="text-align: center" width="72">$146,000-<br /> $161,000</td><br /> </tr><br /> </tbody><br /> </table><p><br /> </p></p><br />