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401k Max Contribution 2024 And Ira Limits

401k Max Contribution 2024 And Ira Limits. $7,000 ($8,000 if you're age 50 or older), or. The limit on total employer and employee contributions for 2023 was $66,000.


401k Max Contribution 2024 And Ira Limits

Employees can contribute a maximum of $15,500 in 2023 and $16,000. For 2023, the maximum allowable contributions to roth iras are $6,500 for those younger than 50 and $7,500 for those older.

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