New IRS 401k Contribution Limits for 2024: Know the Credit and Contribution Rules

New IRS 401k Contribution Limits for 2024: Know the Credit and Contribution Rules
The IRS 401(k) contribution limits for 2024 have been updated, offering higher contribution limits and changes to Roth and catch-up contributions for higher earners. This guide explains how to maximize contributions, take advantage of the Saver’s Credit, and utilize the new limits to boost retirement savings. Understanding these changes is essential for securing your financial future.
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