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22-08-24
401k Limits 2024 Include Employer Match
401k Limits 2024 Include Employer Match. Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. The irs on monday issued interim guidance for sponsors of 401 (k), 403 (b), and similar retirement plans that match contributions based on eligible student loan payments.
Some alternatives include iras and qualified investment accounts. In 2024, the limit on combined employee and employer contributions is $69,000.
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