Retirement Contributions Limits for 2023 & 2024
While you can save quite a lot in a 401(k) every year, you can’t contribute an unlimited amount: The IRS sets clear guidelines for 401(k) contribution limits each year that you and your employer must stick to. 401(K) CONTRIBUTION LIMITS FOR 2023 The 401(k) contribution limit for 2023 is $22,500 for employee contributions and $66,000 […]