401k Contribution Limit Increase 2024
401 (k) contribution limits for 2024. What is the 401 (k) contribution limit for 2024?
The roth 401(k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions. According to the report, mercer envisions the irs increasing contribution limits by $500 in 2024 for not only 401 (k)s, but also 403 (b) and eligible 457 plans.
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