401k 2024 Contribution Limit Irs After Tax

401k 2024 Contribution Limit Irs After Tax. This amount is an increase of $500 from the 2023 401 (k. In november 2023, the irs issued updates for 2024.


401k 2024 Contribution Limit Irs After Tax

For 2024, the employee contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023. Contributions must be made before the tax filing deadline (including extensions), and are still deductible on the previous year’s tax return.

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