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401k Limit 2024 69000 Salary

401k Limit 2024 69000 Salary. $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023; Employer contributions are also limited to 25% of an employee's salary.


401k Limit 2024 69000 Salary

If you are 50 years old or older, the maximum contribution limit went from $73,500 in 2023 to $76,500 in. The irs limits how much employees and employers can contribute to a 401 (k) each year.

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