What Is The Max 401k Deduction For 2024

What Is The Max 401k Deduction For 2024. For 2024, the limit for 401 (k) plan contributions is $23,000, up from $22,500 last year, according to the irs. The irs increased 2024 contribution limits for 401 (k)s, 403 (b)s, and iras.


What Is The Max 401k Deduction For 2024

For 2024, the limit for 401 (k) plan contributions is $23,000, up from $22,500 last year, according to the irs. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.

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