2024 401k Contribution Limit And Catch Up
2024 max 401k contribution limits catch up. Total contributions cannot exceed 100% of an employee’s annual.
The internal revenue service (irs) raised the annual contribution limits for 2024 to $23,000, which amounts to a cost of living adjustment and is an increase from $22,500. Employees will be able to sock away more money into their 401(k)s next year.
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