2024

401k Limits 2024 Married

401k Limits 2024 Married. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000. Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs.


401k Limits 2024 Married

The income limits for receiving a retirement savings contributions credit (“saver’s credit”) in 2024 for married filing jointly are $46,000 (50% credit), $50,000. If you are 50 or older, you can contribute an additional $7,500.

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