Irs 415c Limit 2024
Irs 415c Limit 2024. The 401(a) limit caps the amount of money your employer can contribute to your 401(k), as described by a salary limit. 401 (k) pretax limit increases to $23,000.
If you determine that participants in your plan have annual additions (contributions) that exceed the 415(c) limit, you can correct this mistake using one of the irs correction programs. 1, 2024, the limitation on the annual benefit.