401k Max Contribution 2024 Calculator App . Your annual 401 (k) contribution is subject to maximum limits established by the irs. 401 (k) contribution limits in 2023 and 2024 for 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.
The irs limits how much employees and employers can contribute to a 401(k) each year. It provides you with two important advantages.
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