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Deferred Comp Limits 2024

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 health and welfare plans. $19,500 in 2020 and 2021;


Deferred Comp Limits 2024

Participants should ensure their contributions do not exceed this amount to avoid penalties and ensure compliance with irs rules. The irs contribution limits are detailed in the table below.

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