2024 415c Contribution Limit

2024 415c Contribution Limit. John’s 415 (c) contribution limit for 2020 is $57,000 (the lesser of $57,000 or 100% of john’s $100,000 compensation). The internal revenue code (irc) section 415(c) contribution limit.

$19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;  — the contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.