What Is The 401k Limit For 2024 Irs

What Is The 401k Limit For 2024 Irs. The 401(k) compensation limit is $345,000. The 2024 401 (k) contribution limit is $23,000, a $500 increase from 2023’s limit.


What Is The 401k Limit For 2024 Irs

Here’s what you need to know about that maximum, employer matches and how much you should contribute. If you’re 50 or older, you can stash an additional $7,500 in your 401 (k).

What Is The 401k Limit For 2024 Irs Images References :