401k 2024 Contribution Limits In India. Employees can contribute up to $23,000 to their 401 (k) plan for 2024 vs. For 2024, the employee contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023.
The 401 (k) contribution limit is the maximum amount an individual can contribute to their 401 (k) retirement account in a calendar year without facing tax. The internal revenue service (irs) has declared modifications to the contribution limits for 2024 as of november.
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