402g Limit 2024 Catch Up Hindi. 402 (g) annual elective deferral limits for 457, 403 (b),. Catch ups are deferrals made to a plan in excess of a 402(g) limit, plan document limit, or testing limit.
The 402g limit is one of the most commonly known 401k contribution limits for qualified retirement plans (though it’s probably not commonly known as the 402g limit). 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.