401k Limit 2024

401k Limit 2024. Recent legislation passed by congress includes several provisions that enhance the ability of workers to increase their retirement savings. In 2024, the contribution limit.


401k Limit 2024

If you’re 50 or older, you can stash an additional $7,500 in your 401 (k). For 2024, the irs limits the amount of compensation eligible for 401 (k) contributions to $345,000.

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