Irs 2024 401k Contribution Limits 2024

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Irs 2024 401k Contribution Limits 2024. Contribution limits for 401(k)s, 403(b)s, most 457 plans, thrift savings plans (tsps), and other qualified retirement plans rise were $23,000 for 2024, rising from $22,500 for 2023. The 401(k) contribution limit increased to $23,500 for 2025, up from $23,000 in 2024.


Irs 2024 401k Contribution Limits 2024

Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal governmentโ€™s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase from. The irs this week announced it was raising the 401(k) contribution limit to $23,000, up from $22,500 currently.

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