2024 401k Contribution Limits 2024 Employer

2024 401k Contribution Limits 2024 Employer. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year. In 2022, the most you can contribute to a roth 401(k) and contribute in pretax contributions to a traditional 401(k) is $20,500.


2024 401k Contribution Limits 2024 Employer

$19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023; In 2024, the contribution limit for 401k plans, including 403(b) plans, and most 457 plans, will increase to $23,000.

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