401k Contribution Limits 2024 Irs

401k Contribution Limits 2024 Irs. The contribution limits for individual retirement accounts (iras) also increases from $6,500 to $7,000. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023).


401k Contribution Limits 2024 Irs

This limit includes all elective employee salary deferrals and any contributions made to a designated roth. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023).

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