2024 40k Limit Catch Up Period. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000. The limit on employer and employee contributions is $69,000.
This dollar amount is the same as in 2023. The limit on total employer and employee contributions for 2023 was $66,000 ($73,500 with.
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