The IRS announced 2024 contributions rates will increase by $500 for an annual election of $23,000 for 401(k), 403(b), or 457 plans. The age 50 catch-up contribution limit will remain the same at $7,500.
Sioux Empire SHRM is a 501(c)6 non-profit organization. | PO Box 1302 | Sioux Falls, SD 57101 | Chapter #217