401k Max 2024

401k Max 2024. The irs revisits these numbers annually and, if necessary,. For 2024, the compensation limit (which is the amount of your income that’s used to figure out 401(k) contributions and matches) is limited to $345,000.


401k Max 2024

Employer matches don’t count toward this limit. Savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023, an increase of $500 from 2023.

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