Annual Compensation Limit 2024. Highlights of changes for 2024. The contribution limit for employees who participate in 401(k), 403(b), and most 457 plans, as well as the federal government's.
The annual compensation limit for eligible government participants increased to $505,000. Highlights of changes for 2024.
The Contribution Limit For Employees Who Participate In 401(K), 403(B), And Most 457 Plans, As Well As The Federal Government's.
Employers are also generally eyeing smaller raises in 2024 than they did last year.
The Annual Compensation Limit (Applicable To Many Retirement Plans) Is Increased To $345,000, Up From $330,000.
This process included widening goal ranges to limit downside risk and address unfavorable industry headwinds.
The Annual Compensation Limit For Eligible Government Participants Increased To $505,000.
Images References :
That's An Increase From The 2023 Limit Of $330,000.
The retirement plan company is pleased to present this table for your convenience.
The Annual Compensation Limit (Applicable To Many Retirement Plans) Is Increased To $345,000, Up From $330,000.
For 2024, the dollar limit is $345,000 (up from $330,000 in 2023).