Annual Compensation Limit 401k 2024

Annual Compensation Limit 401k 2024. The annual 401(k) contribution limit for 2024. The irs adjusts this limit every year based.


Annual Compensation Limit 401k 2024

Those 50 and older can contribute an additional $7,500. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โ€™s $22,500 to $23,000 for 2024.

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