2024 2024 K Threshold Limit . Here are relevant amounts to be aware of: Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000.
This limit includes all elective employee salary deferrals and any contributions made to a designated roth. The annual limit on contributions will increase to $23,000 (up from $22,500) for 401 (k), 403 (b) and 457 plans, as well as for salary reduction simplified employee pension (sarsep) plans.
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