Standard Mileage Rates:
- 56¢ per mile for business travel for personally owned or leased vehicles.
- 16¢ 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: $19,500
If 50 & Over Catch-up Contribution Limit $6,500
- $3,600 Single
- $7,200 Family
- $1,000 Additional Amount if Over 55
Social Security Wage Base $142,800