Irs Deferred Comp Limits 2024. The internal revenue service recently announced 2024 dollar limits for qualified retirement plans (including 401 (k) plans), deferred compensation plans, and. $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;.
The elective deferral limit for employees who participate in 401 (k), 403 (b), most 457 plans, and the federal government’s thrift savings plan increases from. These limits in 2025 will go up to $47,500 (50% credit), $51,000 (20% credit), and $79,000 (10% credit).