Contribution limits
The Internal Revenue Service (IRS) published Revenue Procedure 2024-40 on October 22, 2024. The Revenue Procedure includes the inflation-adjusted 2025 contribution limits for certain employee benefit programs. Below is a summary of some of those contribution limit adjustments.
The Internal Revenue Service (IRS) published Revenue Procedure 2023-34 on November 9, 2023. The Revenue Procedure includes the inflation-adjusted 2024 contribution limits for certain employee benefit programs. Below is a summary of some of those contribution limit adjustments.