2024 401k Limits Irs

2024 401k Limits Irs. Irs releases the qualified retirement plan limitations for 2024: For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.


2024 401k Limits Irs

Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. For employer sponsored plans, including 401(k)s the 2024 contribution limits will jump to $23,000.

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