2024 401k Contribution Limit Irs

2024 401k Contribution Limit Irs. This means that employees can. Workers who contribute to a 401(k), 403(b), most 457 plans, and the federal.


2024 401k Contribution Limit Irs

For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit. The elective deferral limit for simple plans is 100% of compensation or $16,000 in 2024, $15,500 in 2023, $14,000 in 2022, and $13,500 in 2020 and 2021.

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