"Effective January 1, 2024,

• [T]he limitation on the annual benefit under a defined benefit plan under section 415(b)(1)(A) of the Code is increased from $265,000 to $275,000....
• The limitation for defined contribution plans under section 415(c)(1)(A) is increased in 2024 from $66,000 to $69,000....
• The limitation under section 402(g)(1) on the exclusion for elective deferrals described in section 402(g)(3) is increased from $22,500 to $23,000.
• The annual compensation limit under sections 401(a)(17), 404(l), 408(k)(3)(C), and 408(k)(6)(D)(ii) is increased from $330,000 to $345,000.
• The dollar limitation under section 416(i)(1)(A)(i) concerning the definition of 'key employee' in a top-heavy plan is increased from $215,000 to $220,000....
• The limitation used in the definition of 'highly compensated employee' under section 414(q)(1)(B) is increased from $150,000 to $155,000.
• The dollar limitation under section 414(v)(2)(B)(i) for catch-up contributions to an applicable employer plan other than a plan described in section 401(k)(11) or section 408(p) for individuals aged 50 or over remains $7,500."

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