402g Limit 2024 Catch Up Online. Elective deferrals are limited by irc section 402(g). This means your individual limit increases from $23,000 to $30,500 in 2024;

The 402g limit is one of the most commonly known 401k contribution limits for qualified retirement plans (though it’s probably not commonly known as the 402g limit).  — irs announces 2024 retirement and benefit plan limits, ssa announces cola adjustment.