Business & Tech

Lower Bucks County: Employee Retirement Contributions For 2021 From The Payroll Factory

401k, 403B and 457 remain at $19,500. The catch up for employees 50 years and over will be $6500.00.

(Credit: Lower Bucks County Chamber of Commerce)

November 02, 2020

The employee retirement contributions will remain unchanged going into 2021 from 2020. Here is the lowdown on the contributions:

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401k, 403B and 457 remain at $19,500. The catch up for employees 50 years and over will be $6500.00.

Simple IRA remains at $13,500.00.

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IRA remains at $6,000.00 with a catch up of $1,000.00 for those employees 50 years and over.


This press release was produced by the Lower Bucks County Chamber of Commerce. The views expressed are the author's own.

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