The IRS has announced the 2024 pension plan limits, which include the following:
- 401(k) Deferral Limit - $23,000
- Annual Additions Limit - $69,000
- Maximum Compensation Limit - $345,000
- Catch-Up Contribution Limit - $7,500
- Highly Compensated Employee - $155,000
- ESOP 5-Year Distribution Threshold - $1,380,000
- ESOP Additional Year Threshold - $275,000
Here are some related links:
- 2023 Pension Plan Limits
- 2022 Pension Plan Limits
- 2021 Pension Plan Limits
- 2020 Pension Plan Limits
- 2019 Pension Plan Limits
- 2018 Pension Plan Limits
- 2017 Pension Plan Limits
- CHART: Limits For 1996-2023
