How much can your clients add to their 401(k) and other plans in 2024?
IRS announces increased contribution limits for retirement savings plans.
The amount that can be saved for retirement in 401(k) plans and other types of plans has been increased for 2024.
The Internal Revenue Service has announced that contributions of up to $23,000 will be allowed next year, up from $22,500 in 2023. That applies to 401(k)s, 403(b)s, most 457 plans and
Learn more about reprints and licensing for this article.
