401 K Plan Contribution Limits 2024 Fidelity

401 K Plan Contribution Limits 2024 Fidelity. This year the irs announced there will be an increase to the maximum employee 401 (k) contribution limit for 2024, increasing it to $23,000, a $500 increase from the 2023 tax season. However, 403 (b) plans can (but are not required to) offer a second type.


401 K Plan Contribution Limits 2024 Fidelity

However, 403 (b) plans can (but are not required to) offer a second type. The 2024 401(k) contribution limit is $500 higher than this year’s $22,500 max, which reflected a major increase from the 2022.

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