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401k Contribution Limits 2024 After Tax Payment. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. The irs allows a total of up to $69,000 of employer and employee contributions to be saved in a 401 (k) for 2024 (and an additional $7,500 in employee.
The 2024 401 (k) contribution limit is $23,000, a $500 increase from 2023โs limit. So, if a plan sponsor has adopted this provision for the 2024 plan year, the plan sponsor may rely on a.
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