Image
 

Plan Limits

Retirement Plan Design & Administration Services
ANNUAL PLAN LIMITS
    
 202420232022
COMPENSATION345,000330,000305,000
    
LIMITS ON BENEFITS & CONTRIBUTIONS   
    
     DEFINED CONTRIBUTION PLANS69,00066,00061,000
     DEFINED BENEFIT PLANS275,000265,000245,000
     401(K) - 403(b) - & 457 PLAN ELECTIVE DEFERRALS23,00022,50020,500
     SIMPLE PLAN ELECTIVE DEFERRALS16,00015,50014,000
     IRA7,0006,5006,000
    
CATCH UP CONTRIBUTIONS   
    
     401(K) - 403(b) - & 457 PLANS 7,5007,5006,500
     SIMPLE PLANS3,5003,5003,000
     IRA1,0001,0001,000
    
"HIGHLY COMPENSATED" DEFINITION155,000150,000135,000
    
"KEY EMPLOYEE" DEFINITION   
    
     OFFICER220,000215,000200,000
    
SOCIAL SECURITY TAXABLE WAGE BASE 168,600160,200147,000
Eployee Lising
Tina D’Agata
Image

Tina D’Agata

Tina is a Senior Manager at Dermody, Burke & Brown in the Retirement Plan Design and Administration department.  As an employee at the Firm for over fifteen years, her seasoned experience in the Industry allows her to efficiently design, prepare and administer retirement plans for a variety of clients.  Tina personally meets with clients and staff to discuss employee benefit options and assists the CPA Firm with their audits of employee benefit plans.  Tina is proactive in her retirement planning approach and attends educational seminars to keep abreast of the many changes that occur within the industry.

Tina is a graduate of Hartwick College and a leading member of Dermody, Burke & Brown’s Young Professional Committee and Wellness Committee.  She is a board member and Finance Committee member of the Gingerbread House of Syracuse, a board member and Secretary of the Thousand Island Park Cottage Owners Association, Inc., a member of the United Way of CNY Young Leaders United, and is actively involved with the Blessed Sacrament School.  Tina is a 2016 graduate of the Nourishing Tomorrow’s Leaders Program, designed to increase the diversity of not-for-profit boards and leadership in the Central New York area.  She is also a 2016 40 Under Forty Honoree.

 Send Us A Message
 
 
 Cancel Message
 

Send Us A Message

Name
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.