Edward A. Wodarczyk

2025 IRS & SSA Benefits Alert

The IRS and Social Security Administration have announced cost-of-living increases for retirement plans and other employee benefit plans for 2025.

	2024	2025
Compensation Limit	$345,000	$350,000
Highly Compensated Employee	155,000	160,000
401(k), 403(b), 457(b) Deferral Limit	23,000	23,000
Age 50 Additional Catch-Up Limit	7,500	7,500
Defined Contribution Plan Limit	69,000	70,000
Defined Benefit Plan Limit	275,000	280,000
Social Security Wage Base	168,600	176,100
HSA Individual Contribution Limit	4,150	4,300
HSA Family Contribution Limit	8,300	8,500
Health FSA Limit	3,200	3,300

See the IR S website for more details regarding cost-of-living increases. For additional information, feel free to contact Ed Wodarczyk at (412) 594-3920 or at ewodarczyk@tuckerlaw.com.

November 13, 2024

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