401k Max Contribution 2024 Irs . Deferred compensation limits for all employees under. The irs imposes maximum contribution limits to help ensure all employees' fair participation in 401 (k) plans.
Some retirement plans have lower limits, so check the details of your allowable. The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older).
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