401k Limits 2024 Irs

401k Limits 2024 Irs. $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023; This includes the new tax on unrealized capital gains.


401k Limits 2024 Irs

The 401 (k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500.

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