Irs Limits For 401k 2024 . For 2024, the irs has increased the contribution limit for 401 (k), 403 (b),. Let's take a closer look at the 2024 contribution limits for some of the most popular retirement accounts.
The irs this week announced it was raising the 401 (k) contribution limit to $23,000, up from $22,500 currently. The irs sets the maximum that you and your employer can contribute to your 401(k) each year.
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