Maximum 401 Contribution For 2024

Maximum 401 Contribution For 2024

Maximum 401 Contribution For 2024. The 401 (k) contribution limit is $23,000 in 2024. You can contribute to more than one.


Maximum 401 Contribution For 2024

Currently, 401 (k) savers can generally contribute up to $23,000 this year, or $30,500 if they are 50 and over. The internal revenue service (irs) has announced that contribution limits for 401 (k)s, 403 (b)s, most 457 plans, thrift savings plans (tsps), and other qualified retirement plans.

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