401k Max Contribution 2024 Irs

401k Max Contribution 2024 Irs. The plan must specifically state that contributions or benefits. The contribution limit for 401 (k)s, 403 (b)s, most 457 plans and the federal government's thrift savings plan is $23,000 for 2024, up from $22,500 in 2023.


401k Max Contribution 2024 Irs

Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. In 2024, individuals can contribute up to $23,000 to their 401 (k) plans in 2024—up from $22,500 for 2023.

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