401k Max 2024 After Tax

401k Max 2024 After Tax. You'll owe income tax on your 401 (k) distributions when you take them, but not social security tax. Some 401 (k)s allow added savings.


401k Max 2024 After Tax

For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.

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