2024 Irs 401k Contribution Limits

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2024 Irs 401k Contribution Limits. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000. In 2024, employees under the age of 50 can contribute up to $23,000, and $30,500 if you’re age 50 or older.


2024 Irs 401k Contribution Limits

View the 2024 irs compensation and contribution limits and how they compare to 2023. Retirement savers are eligible to put $500 more in a 401 (k) plan in 2024:

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