FICA
Social Security Tax is 6.2% on income up to $147,000
Medicare Tax unlimited 1.45% to Unlimited

High Deductible Health Plans
Minimum Annual Deductible (Individual/Family) $1,400 / $2,800
Maximum Out-of-Pocket Limit (Individual/Family) $7,050 / $14,100

Health Savings Accounts
Individual / Family $3,650 / $7,300
Catch-up Contribution $1,000

ACA Plan Limits
Out-of-Pocket Limits Individual / Family $8,700 / $17,400

Flexible Spending Accounts
Health Care Flexible Spending Account Maximums $2,850 Maximum carryover $570
Dependent Care Spending Account Maximum $5,000
The dependent care FSA maximum is set by statute and is not subject to inflation-related adjustments.

Mileage & Transportation
Standard Mileage Rates
58.5 cents per mile for business miles driven
18 cents per mile for medical or moving purposes
14 cents per mile driven in service of charitable organizations

Parking (monthly) $280 2022
Mass Transit Passes (monthly) $280

Compensation
Compensation Limit $305,000
Highly Compensated Employee Salary Amount $135,000
Annual Compensation for Key Employee $200,000
Defined Benefit Plan Limit $245,000
Defined Contribution Plan Limit $61,000

Retirement Plans
401(k) $20,500
401(k) Catch-up $6,500
403(b) $20,500
457(b)(2) and 124(c)(1) $20,500
457(b) Catch-up $6,500

IRA Limit $6,000/$7,000 for age 50+
Simple IRA Limit $14,000/$3,000 Catch-Up