2024 Deferred Comp Limits 45729 . The maximum contribution limit on elective salary deferrals will increase from $22,500 to $23,000. — the income limits for receiving a retirement savings contributions credit (“saver’s credit”) in 2024 for married filing jointly are $46,000 (50% credit), $50,000.
The annual limit on contributions will increase to $23,000 (up from $22,500) for 401 (k), 403. Section 457 (b) of the internal revenue code imposes a dollar limit on the sum of employee elective deferrals and employer.
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