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New Member
posted Apr 14, 2024 10:29:16 PM

What is the maximum contribution for those older than 50 years old for 403B 401K?

New IRS contribution limits January 1 2023

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1 Best answer
Level 15
Apr 15, 2024 4:26:01 AM

The maximum elective deferral for 2023 for someone age 50 or over in 2023 is $30,000.

1 Replies
Level 15
Apr 15, 2024 4:26:01 AM

The maximum elective deferral for 2023 for someone age 50 or over in 2023 is $30,000.