2024 415 Contribution Limit

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2024 415 Contribution Limit. The 415(c) contribution limit applicable to defined contribution retirement plans increased. The internal revenue code (irc) section 415(c) contribution limit.


2024 415 Contribution Limit

The total contribution limit for both employee and employer contributions to 401(k) defined contribution plans under section 415(c)(1)(a) increased from $66,000 to $69,000. Most of the dollar ‎limits, including the elective deferral contribution limit for 401(k), 403(b) and 457(b) plans, the ‎annual compensation limit under 401(a)(17) and the maximum.

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