The IRS has announced the 2025 pension plan limits, which include the following:
- 401(k) Deferral Limit - $23,500
- Annual Additions Limit - $70,000
- Maximum Compensation Limit - $350,000
- Catch-Up Contribution Limit (Age 50+): $7,500
Catch-Up Contribution Limit (Ages 60-63): $11,250 - Highly Compensated Employee - $160,000
- ESOP 5-Year Distribution Threshold - $1,415,000
- ESOP Additional Year Threshold - $280,000