415c Limit 2024. Most of the dollar limits, including the elective deferral contribution limit for 401(k), 403(b) and 457(b) plans, the annual compensation limit under 401(a)(17) and the maximum. This snapshot discusses how to adjust the irc section 415 (c) defined contribution dollar limitation for a.
What are the 402 (g)/415 (c) limits? Section 415 of the internal revenue code (code) provides for dollar limitations on benefits and contributions under qualified retirement plans.