Resources
Bookmark this page so that you have a quick point of reference.
Financial Institutes
R-Tech Consultants, Inc. can work with most any financial institution to service your retirement plan needs. Below is a list of some financial institutions we are proud to have worked with for over 20 years:
Retirement Plan Publications
Below we've compiled a list of retirement plan publications for employers and advisors. These publications are provided by the Employee Benefits Security Administration, an agency within the U.S. Department of Labor.
Links
Below we've compiled a list of the most frequented pages for our clients:
Annual Plan Limits
| Type | 2024 | 2023 | 2022 |
|---|---|---|---|
| Contribution and Benefit Limits | |||
| Elective Deferral Limit | $23,000 | $22,500 | $20,500 |
| Catch-Up Contributions | $7,500 | $7,500 | $6,500 |
| Annual Contribution Limit | $69,000 | $66,000 | $61,000 |
| Annual Contribution Limit including Catch-Up Contributions | $76,500 | $73,500 | $67,500 |
| Annual Benefit Limit | $275,000 | $265,000 | $245,000 |
| Compensation Limits | |||
| Maximum Plan Compensation | $345,000 | $330,000 | $305,000 |
| Income Subject to Social Security | $168,600 | $160,200 | $147,000 |
| Key EE Compensation Threshold | $220,000 | $215,000 | $200,000 |
| Highly Compensated EE Threshold | $155,000 | $150,000 | $135,000 |
| IRA Limits | |||
| SIMPLE Plan Elective Deferrals | $16,000 | $15,500 | $14,000 |
| SIMPLE Catch-Up Contributions | $3,500 | $3,500 | $3,000 |
| Individual Retirement Account (IRA) | $7,000 | $6,500 | $6,000 |
| IRA Catch-Up Contribution | $1,000 | $1,000 | $1,000 |