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Last active January 29, 2024 17:17
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IRS Retirement Plan Contribution Limits

2024 Contribution limits

  • IRA limit is $7,000
  • HSA limit is $8,300 for family coverage ($4,150 for self-only coverage)
  • Maximum employee elective deferral is $23,000 ($30,500 if you're 50 by the end of the year)
  • Defined contribution maximum limit, all sources is $69,000

See this table for the complete list of changes.

2023 Contribution limits

  • IRA limit is $6,500
  • HSA limit is $7,750 for family coverage ($3,850 for self-only coverage)
  • Maximum employee elective deferral is $22,500 ($30,000 if you're 50 by the end of the year)
  • Defined contribution maximum limit, all sources is $66,000

See this table for the complete list of changes.

2022 Contribution limits

  • IRA limit is $6,000
  • HSA limit is $7,300 for family coverage ($3,650 for self-only coverage)
  • Maximum employee elective deferral is $20,500
  • Defined contribution maximum limit, all sources is $61,000

See this table for the complete list of changes.

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