Irs 401k Limits 2024
Irs 401k Limits 2024. 1, 2024 โ the internal revenue service today announced disaster tax relief for all individuals and businesses affected by hurricane helene,. What is the 401(k) contribution limit in 2024?
For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024.