2024 Irs 401k Compensation Limit

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2024 Irs 401k Compensation Limit. The 401k/403b/457/tsp contribution limit is $23,000 in 2024. The elective deferral limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government's thrift savings plan increases from $22,500 to $23,000 in.


2024 Irs 401k Compensation Limit

Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. 5 issued the 2024 required amendments list for qualified plans and 403(b)s.

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