Annual Compensation Limit 2024
Annual Compensation Limit 2024. For 2024, the dollar limit is $345,000 (up from $330,000 in 2023). The annual limit on the maximum compensation that can be taken into account for certain retirement plan contributions and deductions will rise to $345,000 (up from $330,000).
The retirement plan company is pleased to present this table for your convenience. The compensation amount for simplified employee pensions (seps).
Annual Compensation Limit 2024. For 2024, the dollar limit is $345,000 (up from $330,000 in 2023). The annual limit on the maximum compensation that can be taken into account for certain retirement plan contributions and deductions will rise to $345,000 (up from $330,000).
The retirement plan company is pleased to present this table for your convenience. The compensation amount for simplified employee pensions (seps).