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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(k9) Pension Plan Limits | 2024 Limit | 2023 Limit | 2022 Limit | 2020/2021 Limit |
---|---|---|---|---|
403403(b)/401(k9) Employee Deferral Limit | $23,000 | $22,500 | $20,500 | $19,500 |
403(b)/401(k) 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 | $7,500 | $6,500 | $6,500 |