402g Limit 2024 Catch Upsc

402g Limit 2024 Catch Upsc.  — 402(g) elective deferral limit. Check the latest contribution limits for the.

1 the $23,000 elective deferral limit is also known as the 402(g) limit, after the relevant tax code section. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000.