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These are the are the IRS approved annual maximum amounts you can contribute into your Principal Retirement account.
Any employer contributions to your 401(k). Any matching funds that Reliant contributes directly from the account you are responsible for should not be included when determining the maximum amount you can contribute.
IRS 401(k)/
2019
2018
2017 Limit 401(k)/
$19
$18
$18
000
401
k
/403
b)
available
, for people age 50 and older
$6,000
000
$6,000
IRS 403(b)(9) Pension Plan Limits |
---|
2024 Limit |
---|
2023 Limit |
---|
2022 Limit | 2020/2021 Limit |
---|---|
403(b)(9) Employee Deferral Limit |
$23,000 | $22,500 |
$20,500 |
$19, |
500 |
403( |
b) |
( |
9 Catch-up Contribution * |
Available for people age 50 and older in excess of the employee deferral limit |
$7,500 | $7,500 |
$6, |
500 |
Here are links to the IRS website with these figures: 2019 limits
...
$6,500 |