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This chart details out the These are the IRS approved annual maximum amounts you can contribute to your 401(k).

Please keep in mind that the maximums include both the portion you contribute (employee contribution) and the amount coming from the MTD account (employer contribution). 

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)(9) Pension Plan Limits 2024 Limit2023 Limit2022 Limit2020/2021 Limit
403(b)(9
IRS 401(k)/Pension Plan Limits 2016 limit 2015 limit2014 limit 401(k)/403(b
) Employee Deferral Limit
 $18
$23,000
 $18,000$17
$22,500$20,500$19,500
 401

 403(

k

b)

/403

(

b)

9 Catch-up Contribution

  $6,000 $6,000$5,500  Defined Contribution Dollar Limit $53,000 $53,000 $52,000 Compensation Limit  $265,000 $265,000 $260,000 Highly Compensated Employee Income Limit  $120,000 $120,000 $115.000 

 Here's the link to the IRS website with these figures: 2015 limits

 

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

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

...