What Is The 401k Catch Up Limit For 2024
What Is The 401k Catch Up Limit For 2024. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year. The 401(k) compensation limit is $345,000.
For 2023, the maximum contribution amounts were $22,500 and $7,500 for. The contribution limits for individual retirement.