COLA
2025 Cost of Living Adjustments
IRC § or Treas. Reg.
2025
2024
2023
2022
2021
2020
Annual Compensation Limit
401(a)(17), 404(l), 408(k)
$350,000.00
$345,000.00
$330,000.00
$305,000.00
$290,000.00
$285,000.00
Elective Deferral Limit
402(g)
$23,500.00
$23,000.00
$22,500.00
$20,500.00
$19,500.00
$19,500.00
SEP Minimum Compensation
408(k)(2)(C)
$750.00
$750.00
$750.00
$650.00
$650.00
$600.00
SIMPLE Maximum Contributions
408(p)(2)(E)
$16,500.00
$16,000.00
$15,500.00
$14,000.00
$13,500.00
$13,500.00
Maximum ESOP Account Balance
409(o)(1)(C)
$1,415,000.00
$1,380,000.00
$1,330,000.00
$1,230,000.00
$1,165,000.00
$1,150,000.00
ESOP 5-year Distribution Period Limit
$280,000.00
$275,000.00
$265,000.00
$245,000.00
$230,000.00
$230,000.00
Highly Compensated Employee Threshold
414(q)(1)(B)
$160,000.00
$155,000.00
$150,000.00
$135,000.00
$130,000.00
$130,000.00
Catch-up Contribution Limit (Age 50+)
414(v)(2)(B)(i)
$7,500.00
$7,500.00
$7,500.00
$6,500.00
$6,500.00
$6,500.00
SIMPLE Catch-up Contribution Limit (Age 50+)
414(v)(2)(B)(ii)
$3,500.00
$3,500.00
$3,500.00
$3,000.00
$3,000.00
$3,000.00
DB Annual Benefit at Retirement Limit
415(b)(1)(A)
$280,000.00
$275,000.00
$265,000.00
$245,000.00
$230,000.00
$230,000.00
DC Annual Addition Limit
415(c)(1)(A)
$70,000.00
$69,000.00
$66,000.00
$61,000.00
$58,000.00
$57,000.00
Key Employee Threshold
416(i)(1)(A)(i)
$230,000.00
$220,000.00
$215,000.00
$200,000.00
$185,000.00
$185,000.00
Government and Tax Exempt Deferral Limit
457(e)(15)
$23,500.00
$23,000.00
$22,500.00
$20,500.00
$19,500.00
$19,500.00
Control Employee Threshold (Officer)
1.61-21(f)(5)(i)
$140,000.00
$135,000.00
$130,000.00
$120,000.00
$115,000.00
$115,000.00
Control Employee Threshold (Non-Officer)
1.61-21(f)(5)(iii)
$285,000.00
$275,000.00
$265,000.00
$245,000.00
$235,000.00
$230,000.00
IRA Contribution Limit
219(b)(5)(A)
$7,000.00
$7,000.00
$6,500.00
$6,000.00
$6,000.00
$6,000.00
IRA Catch-up Contribution Limit (Age 50+)
219(b)(5)(B)
$1,000.00
$1,000.00
$1,000.00
$1,000.00
$1,000.00
$1,000.00
OASDI Taxable Wage Base
N/A
$176,100.00
$168,600.00
$160,200.00
$147,000.00
$147,000.00
$147,000.00
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