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IRS 401(k)/Pension Plan Limits 2023 limit2022 limit2020/2021 Limit
 401(k)/403(b) Employee Deferral Limit$22,500$20,500$19,500

 401(k)/403(b) Catch-up Contribution

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

$7500$7,500$6,500$6,500