410k Contribution Limits 2024 Income Tax

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410k Contribution Limits 2024 Income Tax

410k Contribution Limits 2024 Income Tax. Those 50 and older can contribute an additional. The limit depends on your tax filing status and modified adjusted gross income (magi).


410k Contribution Limits 2024 Income Tax

For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. This new retirement tax law went into effect in 2024.

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