401k Max 2024 After Tax Contribution

401k Max 2024 After Tax Contribution. When you make a contribution to a traditional 401 (k), you can deduct that amount from your taxable income within that year. More people will be able to make contributions to roth.

This amount is an increase of $500 from the 2023 401 (k). Traditional iras, which may offer tax deductible contributions;