2020/2021 dollar limitations for retirement plans
Maximum employer non-elective contribution (2% of employee’s compensation, up to $285k in 2020 and $290k in 2021) $5,700 $5,800 Catch-up deferral is also matched by employer if individual is age 50 or older. $3,000 $3,000 SEP IRA Maximum SEP contribution $57,000 $58,000 SEP compensation exclusion $600 $650 401(k), SARSEP, 403(b) and ... ................
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