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2024 401k Maximum Contribution Limits Irs
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2024 401k Maximum Contribution Limits Irs. The total solo 401(k) contribution limit (employee + employer contribution) is up to $69,000 in 2024. The irs also imposes a limit on all 401 (k).
The irs sets 401(k) contribution limits and typically increases them by $500 annually. The maximum deferral limit refers to the annual amount that an employee can defer from their pay to a 401(k) plan.
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