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2. Retirement topics - 401(k) and profit-sharing plan contribution...

   www.irs.gov/retirement-plans/plan-participant-employee/...

   Deferral limits for 401 (k) plans. The limit on employee elective deferrals (for traditional and safe harbor plans) is: $23,000 ($22,500 in 2023, $20,500 in 2022, $19,500 in 2021 and 2020; and $19,000 in 2019), subject to cost-of-living adjustments. Generally, you aggregate all elective deferrals you made to all plans in which you participate ...

3. 401(k) limit increases to $23,000 for 2024, IRA limit rises to...

   www.irs.gov/newsroom/401k-limit-increases-to-23000-for...

   IR-2023-203, Nov. 1, 2023. WASHINGTON — The Internal Revenue Service announced today that the amount individuals can contribute to their 401 (k) plans in 2024 has increased to $23,000, up from $22,500 for 2023. The IRS today also issued technical guidance regarding all of the cost‑of‑living adjustments affecting dollar limitations for ...

4. Retirement topics - IRA contribution limits - Internal Revenue...

   www.irs.gov/.../retirement-topics-ira-contribution-limits

   For 2022, 2021, 2020 and 2019, the total contributions you make each year to all of your traditional IRAs and Roth IRAs can't be more than: $6,000 ($7,000 if you're age 50 or older), or. If less, your taxable compensation for the year. The IRA contribution limit does not apply to: Rollover contributions. Qualified reservist repayments.

5. 401(k) limit increases to $22,500 for 2023, IRA limit rises to...

   www.irs.gov/newsroom/401k-limit-increases-to-22500-for...

   The IRA catch‑up contribution limit for individuals aged 50 and over is not subject to an annual cost‑of‑living adjustment and remains $1,000. The catch-up contribution limit for employees aged 50 and over who participate in 401(k), 403(b), most 457 plans, and the federal government's Thrift Savings Plan is increased to $7,500, up from ...

6. 401 (k) contribution limit increases to $19,500 for 2020;...

   www.irs.gov/newsroom/401k-contribution-limit-increases-to...

   The contribution limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government's Thrift Savings Plan is increased from $19,000 to $19,500. The catch-up contribution limit for employees aged 50 and over who participate in these plans is increased from $6,000 to $6,500.

7. IRS announces 401(k) limit increases to $20,500 - Internal...

   www.irs.gov/newsroom/irs-announces-401k-limit-increases-to...

   The IRA catch-up contribution limit for individuals aged 50 and over is not subject to an annual cost-of-living adjustment and remains $1,000. The catch-up contribution limit for employees aged 50 and over who participate in 401(k), 403(b), most 457 plans, and the federal government's Thrift Savings Plan remains unchanged at $6,500.