Individual 401k 2024 Limits

Individual 401k 2024 Limits. The 401(k) plan may also specify that the individual must be in the top 20% of employees when it comes to compensation. 401 (k) pretax limit increases to $23,000.


Individual 401k 2024 Limits

The irs sets the maximum that you and your employer can contribute to your 401 (k) each year. This amount is up modestly from 2023, when the individual 401 (k).

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