Irs 401k Annual Compensation Limit 2024

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Irs 401k Annual Compensation Limit 2024. Likewise, the $69,000 ($76,500) limit would apply to total contributions made to all 401(k), 403(b), and most 457 plans this year. What is the 401k catch up limit for 2024.


Irs 401k Annual Compensation Limit 2024

In general, the annual benefit for a participant under a defined benefit plan cannot exceed the lesser of: The limit on employer and employee contributions is $69,000.

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