Pension Benefit Limits
| Benefit Type | 2022 | 2021 | 2020 |
|---|---|---|---|
| Defined Benefit | 245,000 | 230,000 | 230,000 |
| Defined Contribution | 61,000 | 58,000 | 57,000 |
| Elective Deferral | 20,500 | 19,500 | 19,500 |
| Catch-Up | 6,500 | 6,500 | 6,500 |
| Maximum Compensation | 305,000 | 290,000 | 285,000 |
| Highly Compensated Employee | 135,000 | 130,000 | 130,000 |
