What Is The 401k Limit 2024

What Is The 401k Limit 2024. That limit also applies to 457, 403(b) and the federal government’s thrift savings. On november 1, 2023, the internal revenue service announced that the amount individuals can contribute to their 401 (k) plans.


What Is The 401k Limit 2024

The 401(k) contribution limits can be broken down into two types: For employer sponsored plans, including 401(k)s the 2024 contribution limits will jump to $23,000.

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