What Is The Limit For 401k Contributions In 2024 In Hindi

What Is The Limit For 401k Contributions In 2024 In Hindi. The 401(k) contribution limit is $23,000. For 2024, the compensation limit (which is the amount of your income that’s used to figure out 401(k) contributions and matches) is limited to $345,000.

For 2024, the compensation limit (which is the amount of your income that’s used to figure out 401(k) contributions and matches) is limited to $345,000. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.