2024 415c Contribution Limit. The total amount that may be contributed to a defined contribution retirement plan on behalf of a participant is limited under irc section 415 (c) to the lesser of. The irs notes that irc section 415(c) generally limits annual additions to defined contribution (dc) plans to the lesser of the dollar limit in effect for the year or 100% of the.
The 415 limit for 401 (k) plans is $66,000 for 2023 and $69,000 for 2024. The irs notes that irc section 415(c) generally limits annual additions to defined contribution (dc) plans to the lesser of the dollar limit in effect for the year or 100% of the.