Annual Limits
The IRS places limits on the annual dollar amount of contributions to retirement plans and IRAs and the amount of benefits under a pension plan. The Internal Revenue Code (IRC) requires these limits to be adjusted annually for cost-of-living increases. FRC is pleased to present this table for your convenient reference.
Annual Compensation and Contribution Limits for Qualified Retirement Plans
For further details about Annual IRS Limits, including expanded SIMPLE plan information, please view our detailed informational document.