401(k) Elective Deferral & 403(b) Salary Reduction Limits, and 457 Plan Deferral Limit
YearAmount
2024 $23,000
2023 $22,500
2022 $20,500
2021 $19,500
2020 $19,500
2019 $19,000
2018 $18,500
2017 $18,000
2016 $18,000
2015 $18,000
2014 $17,500
2013 $17,500
2012 $17,000
2011 $16,500
2010 $16,500
2009 $16,500
2008 $15,500
2007 $15,500
2006 $15,000
2005 $14,000
2004 $13,000
2003 $12,000
2002 $11,000
2001 $10,500
 


The following chart reflects the adjustments for years 2001 to 2024.