2024 401k Limits Irs

2024 401k Limits Irs. This limit applies to employee deferrals (both. The total maximum allowable contribution to a defined contribution plan (including both employee and employer contributions) is expected to rise by $2,000.


2024 401k Limits Irs

The limit on compensation that can be used to factor your contribution is $345,000 in 2024. The irs limits how much employees and employers can contribute to a 401 (k) each year.

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