2024 401k Contribution Limits Irs

2024 401k Contribution Limits Irs. This year, defined contribution plans got a historic contribution limit. The 401 (a) compensation limit (the amount of earned income that can be used to calculate retirement account contributions) will increase from $330,000 in 2023.


2024 401k Contribution Limits Irs

For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit. You can contribute to more than one.

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