403 B Contribution Limits 2024 Employer Contribution Limit
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403 B Contribution Limits 2024 Employer Contribution Limit. If your employer limits your contribution because you’re a highly compensated employee (hce), the minimum compensation to be counted as an hce. You can make 2024 ira contributions until the.
Contribution maximums will increase from $22,500 to $23,000 for 401 (k), 403 (b) and most 457 plans, as well as the federal government’s thrift savings plan, the irs. The elective deferral limit for simple plans is 100% of compensation or $16,000 in 2024, $15,500 in 2023, $14,000 in 2022, and $13,500 in 2020 and 2021.
