What Is The 415 Limit For 2024. The total contribution limit for both employee and employer contributions to 401(k) defined contribution plans under section 415(c)(1)(a) increased from $66,000 to $69,000. The internal revenue code (irc) section 415(c) contribution limit applicable to defined contribution retirement plans increased from $66,000 to $69,000 for 2024.
This limit, known as the annual. The dollar amount under code section 409 (o) (1) (c) (ii) for determining.