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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)/
403(b)(9) Pension Plan Limits 
2020/2021
2024 Limit
2019
2023 Limit
2018
2022 Limit
2017 Limit  401(k)/403(b
2020/2021 Limit
403(b)(9) Employee Deferral Limit
$19
$23,
500
000
$19
$22,
000
500
$18
$20,500
 $18
$19,
000
500
 401

 403(

k

b)

/403

(

b)

9 Catch-up Contribution

*

available

Available for people age 50 and older in excess of the employee deferral limit

, for people age 50 and older

$7,500$7
$6
,500$6,
000
500$6,
000 $6,000
500