401k Eligible Compensation Limit 2024 Increase

401k Eligible Compensation Limit 2024 Increase. The contribution limits for individual retirement accounts (iras). Contributions to 401 (k)s can be automatically deducted from your.


401k Eligible Compensation Limit 2024 Increase

The annual limit on contributions will increase to $23,000 (up from $22,500) for 401(k), 403(b) and 457 plans, as well as for salary reduction simplified employee. Contribution limits for 401 (k)s and other defined contribution plans:

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