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The IRS has announced the 2023 pension plan limits, which include the following:

  • 401(k) Deferral Limit - $22,500
  • Annual Additions Limit - $66,000
  • Maximum Compensation Limit - $330,000
  • Catch-Up Contribution Limit - $7,500
  • Highly Compensated Employee - $150,000
  • ESOP 5-Year Distribution Threshold - $1,330,000
  • ESOP Additional Year Threshold - $265,000

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