Standard Mileage Rates:
- 72.5¢ per mile for business travel for personally owned or leased vehicles.
- 20.5¢ per mile for using a vehicle to get medical care or in connection with a move qualified for moving expense deduction.
- 14¢ per mile driven in service of charitable organizations.
401(k) Elective Contribution Limit: $24,500
If 50 & Over Catch-up Contribution Limit $8,000*
If 60-63 Years Old Catch-up Contribution Limit $11,250*
* For some high income earners, Catch-Up Contribution must be made to Roth 401k
HSA Limits:
- $4,400 Single
- $8,750 Family
- $1,000 Additional Amount if Over 55
Social Security Wage Base $184,500