August 29, 2024

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Irs 401k Salary Limits 2024

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Irs 401k Salary Limits 2024. The total employee contribution limit to all 401 (k) and 403 (b) plans for those under 50 will be going up from $22,500 in 2023 to $23,000 in 2024 (compare that. Contributions to 401 (k)s can be automatically deducted from your.


Irs 401k Salary Limits 2024

For 2024, the irs limits the amount of compensation eligible for 401(k) contributions to $345,000. That’s an increase from the 2023 limit of $330,000.

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