Max 401k Contribution 2024 . Changes in inflation affect the limits,. This amount is up modestly from 2024, when the individual 401(k) contribution limit was $23,000, or $30,500 for employees who were 50 or older.
If you are looking to get on track to becoming a 401(k) millionaire or achieving financial freedom, the irs has just announced the new 2024 401(k) contribution limits. Employees will be able to sock away more money into their 401(k)s next year.
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