Max 401k Contribution 2024 Calculator Fidelity. This calculator is meant to help you determine the maximum elective salary deferral contribution you may make to your 403 (b) plan for 2024. A traditional 401 (k) can be one of your best tools for creating a secure retirement.
The irs sets a limit on how much can be put into a 401(k) plan every year, also known as an annual contribution limit. The 2023 individual 401 (k) contribution limit is $22,500, up $2,000.
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