November 20, 2024

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Limit For 401k 2024

Limit For 401k 2024. Starting in 2025, the 401 (k) employee deferral limit will jump to $23,500, up from $23,000 in 2024. Details of changes for 2024.


Limit For 401k 2024

For 2024, the irs limits the amount of compensation eligible for 401(k) contributions to $345,000. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to.

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