What Is The 401k Limit For 2024
What Is The 401k Limit For 2024 . The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. Employees 50 or older can contribute up to $30,500 with catch.
For 2024, the 401(k) annual contribution limit is $23,000, up from $22,500 in 2023. That’s an increase from the 2023 limit of $330,000.
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What Is The Irs Limit For 401k Contributions In 2024 Ciel Lorrie , For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.
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