Irs 401k 2024 Maximum Limit

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Irs 401k 2024 Maximum Limit. Changes in inflation affect the limits,. To start, individuals can contribute up to $23,500 — an extra $500 from the 2024 limit — to their 401(k) plans in 2025, according to the irs announcement.


Irs 401k 2024 Maximum Limit

For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024. This amount is up modestly from 2024, when the individual 401(k).

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