2024 401k Maximum Contribution Limits Irs

2024 401k Maximum Contribution Limits Irs. However, individual retirement account (ira) contributions will continue to be $7,000 in 2025,. The irs has increased the contribution limits for some retirement accounts for tax year 2025.


2024 401k Maximum Contribution Limits Irs

Section 415 (d) requires that the. For 2024, individuals can contribute up to $23,000 to their 401(k), 403(b), most 457 plans, and the federal government’s thrift savings plan (tsp), an increase from last year’s limit of $22,500.

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