415 C Annual Addition Limit 2024

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415 C Annual Addition Limit 2024. 415 of the code, the total annual additions (employer contributions, employee contributions and reallocated forfeitures) that may be allocated. The limit on annual additions, also known as the 415 (c) limit, includes employer contributions of related employers plus all salary deferral contributions made.


415 C Annual Addition Limit 2024

The 415(c) contribution limit applicable to defined contribution retirement plans increased from $66,000 to $69,000. The 415 (c) defined contribution plan maximum annual addition will increase to $68,000 next year from $66,000 in 2023.

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