Irs Defined Contribution Limit 2024
Looking for the 2024 defined benefit plan contribution limit? The irs notes that irc section 415(c) generally limits annual additions to defined contribution (dc) plans to the lesser of the dollar limit in effect for the year or.
For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit. The 415(c) contribution limit applicable to defined contribution retirement plans increased from $66,000 to $69,000.