2024 Irs 401k Limit

2024 Irs 401k Limit. Irs statements and announcements section 415 of the internal revenue code (code) provides for dollar limitations on benefits and contributions under qualified retirement. Find out how much you can contribute to your 401 (k) or ira in 2024 and compare the tax advantages of each account.


2024 Irs 401k Limit

The 401k/403b/457/tsp contribution limit is $23,000 in 2024. 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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