Retirement Plan Service Plan Limits
2021 Indexed Figures For Qualified Retirement Plans
Qualified Retirement Plans must take various dollar limits into consideration. Some of these are indexed and can therefore change on occasion. The IRS has announced benefit plan limits for 2021. Below are the figures for 2021, along with the previous 2020 limits for comparison.
*Employees owning more than 5% of a company, as well as an employee who is a spouse, child, parent or grandparent of an employee owning more than 5% of a company will always be considered highly compensated
** Updated 11/4/2020