Highly Compensation Limit For 2025. The secure 2.0 act (act) increased the amount that an ira or defined contribution plan could pay in premiums for a qualified longevity annuity contract to. Participants in simple 401 (k) and simple ira plans can take advantage of an increased deferral limit of $17,600 (i.e., 110% of the $16,000 annual limit) if their.

Additionally, the annual limit on compensation that can be considered for allocations and accruals increases from $330,000 to $345,000. Hces may be able to contribute up to these limits or they may not, depending on how much.