Maximum Irs Contribution For 2024

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Maximum Irs Contribution For 2024. This is always 5x the maximum 401 (k) plan total contribution limit. 401 (k) contribution limits for 2024.


Maximum Irs Contribution For 2024

The 2024 annual contribution limit for 401 (k) plans has been set at $23,000. The ira contribution limits for 2024 are $7,000 for those under age 50, and $8,000 for those age 50 or older.

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