Whats The 401k Limit For 2024

Whats The 401k Limit For 2024. For 2024, the compensation limit (which is the amount of your income that’s used to figure out 401(k) contributions and matches) is limited to $345,000. The irs sets a limit on how.


Whats The 401k Limit For 2024

The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023. The 2024 limit on annual contributions to an ira will be $7,000, an increase from $6,500 in 2023.

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