Affiliates
We’re a full service consulting and administration firm. We ensure that the needs of employer and employee will be met. We have worked with:
Links
Below we've compiled a list of the most frequented pages for our clients:
-
Internal Revenue Service
-
Department of Labor Employee Benefits Security Administration
-
Social Security Administration Page
-
ASPPA - American Socity of Pension Professionals & Actuaries
-
Colonial Surety Company Direct
-
National Pension Associates
-
Winter Park Chamber of Commerce
Annual Plan Limits
Type | 2023 | 2022 | 2021 |
---|---|---|---|
Contribution and Benefit Limits | |||
Elective Deferral Limit | $22,500 | $20,500 | $19,500 |
Catch-Up Contributions | $7,500 | $6,500 | $6,500 |
Annual Contribution Limit | $66,000 | $61,000 | $58,000 |
Annual Contribution Limit including Catch-Up Contributions | $73,500 | $67,500 | $64,500 |
Annual Benefit Limit | $265,000 | $245,000 | $230,000 |
Compensation Limits | |||
Maximum Plan Compensation | $330,000 | $305,000 | $290,000 |
Income Subject to Social Security | $160,200 | $147,000 | $142,800 |
Key EE Compensation Threshold | $215,000 | $200,000 | $185,000 |
Highly Compensated EE Threshold | $150,000 | $135,000 | $130,000 |
IRA Limits | |||
SIMPLE Plan Elective Deferrals | $15,500 | $14,000 | $13,500 |
SIMPLE Catch-Up Contributions | $3,500 | $3,000 | $3,000 |
Individual Retirement Account (IRA) | $6,500 | $6,000 | $6,000 |
IRA Catch-Up Contribution | $1,000 | $1,000 | $1,000 |