2021年退休计划限制

On October 26, 2020, the Internal Revenue Service announced the cost-of-living adjustments (COLA) that will take effect on January 1, 2021 (IRS Notice 2020-79). These COLAs affect various contribution and deduction limits for qualified retirement plans, as well as the deductible contribution limits for traditional Individual Retirement Arrangements (IRAs). 

Internal Revenue Code Section 415(d) requires that the Secretary of the Treasury annually adjust these limits for cost-of-living increases. These adjustment procedures are similar to those used to adjust benefit amounts under IRC Section 215(i)(2)(A) or the Social Security Act.

虽然一些限制增加了, the majority of the limitations remain unchanged from the 2020 limits.  下面总结了更常见的限制, along with the applicable Code Section and/or Treasury Regulations Section (Regs).

Increased Limits

  • The annual contribution limitation for defined contribution plans increases from $57,000 to $58,000(法典第(415(c)(1)(A)条).
  • The annual maximum considered compensation limit increases from $285,000 to $290,(法典第401(a)(17)条), 404(l),408 (k) (3) (C)和408 (k) (6) (D) (ii)).
  • The dollar limitation for determining the maximum account balance in an Employee Stock Ownership Plan (ESOP), 以五年为分配期, increases from $1,150,000 to $1,165,000; however the dollar amount used to determine the lengthening of the five-year distribution period remains unchanged at $230,000(守则第409(o)(1)(C)(ii)条).
  • The Social Security Taxable Wage Base increases from $137,700 to $142,800.
  • The compensation threshold for simplified employee pensions (SEPs) increases from $600 to $650. (Code Section 408(k)(2)(C)).

Unchanged Limits

  • 401(k)计划的年度延期限额, 403(b), 457计划保持在19美元不变,法典第402(g)(1)条,402(g)(3)).
  • The annual deferral limit for deferred compensation plans of state and local governments, 免税组织仍然保持在19美元不变,(法典第457(e)(15)条).
  • The limitation on the annual benefit under a defined benefit plan remains unchanged at $230,000. (Code Section 415(b)(1)(A)).
  • The annual “look-back” compensation income limit for purposes of the definition of “Highly Compensated Employee” remains unchanged at $130,000(守则第414(q)(1)(B)条).
  • The annual compensation threshold for purposes of the definition of “Key Employee” in a top-heavy plan remains unchanged at $185,000(法典第416(i)(1)(A)(i)条).
  • The annual deferral limitation for SIMPLE retirement accounts remains unchanged at $13,法典第408(p)(2)(E)条).
  • The maximum amount of catch-up contributions that individuals age 50 or over may make to 401(k) plans, 403(b) plans, SEPs and governmental 457(b) plans remains unchanged at $6,(法典第414(v)(2)(B)(i)条).
  • The dollar limitation on premiums paid with respect to a Qualifying Longevity Annuity Contract (QLAC) remains unchanged at $135,000. (Code Section 1.401(a)(9)-6及法规第a -17(b)(2)(ii)条).
  • The maximum amount that can be contributed to an IRA remains unchanged at $6,000(守则第219(b)(5)(A)条).
  • The IRA catch-up contribution limit for IRAs remains unchanged at $1,000(守则第219(b)(5)(A)条).
  • The limitation concerning the qualified gratuitous transfer of qualified employer securities to an ESOP remains unchanged at $50,000 (Code Section 664(g)(7)).
  • The maximum amount of catch-up contributions that individuals age 50 or over may make to SIMPLE 401(k) plans or SIMPLE retirement accounts remains unchanged at $3,(守则第414(v)(2)(B)(ii)条).

 

Quick reference guide to key limitations for 2020 and 2021:

 

Item  2021 Limit   2020 Limit 

401(k)/403(b)/457
Elective Deferral Limit

$19,500 $19,500

Defined Contribution Plan
Annual Limit

$58,000 $57,000

Defined Benefit Plan
Annual Limit

$230,000 $230,000

Annual Compensation Limit

$290,000 $285,000

Catch-Up Contribution Limit
401(k)/403(b)/457(b)/SEP

$    6,500 $    6,500

Highly Compensated Employee
Compensation Threshold

$130,000 $130,000

Key Employee 
Compensation Threshold

$185,000 $185,000

Social Security Taxable
Wage Base

$142,800

$137,700

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