Max 401 Contribution For 2024

Max 401 Contribution For 2024. The total contribution limit for both employee and employer contributions to 401(k) defined contribution plans under section 415(c)(1)(a) increased from $66,000 to $69,000.  โ€” this year the irs announced there will be an increase to the maximum employee 401 (k) contribution limit for 2024, increasing it to $23,000, a $500 increase.


Max 401 Contribution For 2024

 โ€” the 2024 annual contribution limit for 401(k) plans has been set at $23,000.  โ€” the 401 (k) contribution limit for individuals has been increased to $23,000 for 2024.

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