401k 2024 Limits. For 2024, the irs limits the amount of compensation eligible for 401 (k) contributions to $345,000. The irs increased 2024 contribution limits for 401(k)s, 403(b)s, and iras.


401k 2024 Limits

 โ€” investing $1,000 for 30 years with an average 8% return will yield just over $10,000; If you’re 50 or older, the limit is $8,000.

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