Irc 415 B Limit 2024. The following is a table of the historical rounded and unrounded 415 (b) benefit limits. The irc 415 (b) annual benefit limit is published by the internal revenue service (irs) f or retirees aged 62 and older, and may be periodically adjusted based on inflation.

The irs notes that irc section 415 (c) generally limits annual additions to defined contribution (dc) plans to the lesser of the dollar limit in effect for the year or. According to irc §415 (b) (1), the maximum annual retirement benefit that a defined benefit plan may provide is limited to the lesser of: