401k Contribution Limit Increase 2024

0 Comments

401k Contribution Limit Increase 2024. This amount is an increase of. On nov., 1, 2023, the irs boosted annual contribution limits for 2024 for 401 (k), 403 (b), and most 457 plans.


401k Contribution Limit Increase 2024

For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. This marks a $500 increase from the 2023 limit of $22,500.

401k Contribution Limit Increase 2024 Images References :

Related Posts