2024

Deferred Comp Contribution Limit 2024

Deferred Comp Contribution Limit 2024. Employees age 50 or older may contribute up to an. $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;


Deferred Comp Contribution Limit 2024

Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000. That’s crucial info for participants in nonqualified deferred comp (nqdc) plans.

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