401k Contribution Limits 2024 After Tax Contribution

401k Contribution Limits 2024 After Tax Contribution. Specifically for 1031 exchange s started after. Assume your income is $100,000 per year, and you contribute $19,500.

Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000. The contribution limit for 401 (k)s, 403 (b)s, most 457 plans and the federal government’s thrift savings plan is $23,000 for 2024, up from $22,500 in 2023.