These are the IRS approved annual maximum amounts you can contribute into your Principal Retirement account.
Any employer contributions that Reliant contributes directly from the account you are responsible for should not be included when determining the maximum amount you can contribute.
| IRS 403(b)/401(k) Pension Plan Limits | 2024 Limit | 2023 Limit | 2022 Limit | 2020/2021 Limit |
|---|---|---|---|---|
| 403(b)/401(k) Employee Deferral Limit | $23,000 | $22,500 | $20,500 | $19,500 |
403(b)/401(k) Catch-up Contribution *available in excess of the employee deferral limit, for people age 50 and older | $7,500 | $7,500 | $6,500 | $6,500 |
3 Comments
Barb Seckler
user-b069a - I don't know if you saw this change, can you please publish rates updated for 2017?
Barb Seckler
user-b069a I updated the rates and link for 2018
Barb Seckler
user-2ce9f added 2019 rates