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Maximum Compensation For 401k 2024

Maximum Compensation For 401k 2024. The 401 (k) compensation limit is $345,000. Find out the irs limit on how much you and your employer can contribute to your 401(k) retirement savings account in 2023 and 2024.


Maximum Compensation For 401k 2024

The 401 (k) employee contribution limit for 2024 is $23,000. For 2024, the 401(k) limit for employee salary deferrals is $23,000, which is above the 2023 401(k) limit of $22,500.

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