Irs 40k Limits 2024. The 2024 contribution limit for 401(k) plans is $23,000. The deductibility phaseout for ira contributions for those with a retirement plan at work increases.


Irs 40k Limits 2024

This is always 5x the maximum 401 (k) plan total contribution limit. The employee contribution limit for 401 (k) plans in 2024 has increased to $23,000, up from $22,500 for 2023.

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