Earlier this afternoon, the Internal Revenue Service issued the adjusted retirement plan limitations for 2024. As expected, most of the limits will significantly increase from 2023: Elective Deferral Limit: $23,000 (increased from $22,500 in 2023) Catch-Up Contributions: $7,500 (the same as in 2023) 415 (Total) Plan Limit: $69,000 (increased from $66,000 in 2023) Compensation Limit:…