IRS Raises 401(k) Contribution Limits for 2024: The Internal Revenue Service (IRS) has declared an increase in the annual 401(K) Contribution Limits for 2024 for individuals participating in 401(k) retirement plans for the year 2024. Effective from the Financial Year 2024, Employee’s will have the opportunity to contribute a maximum of $23,000 to their 401(k) … Continue reading What are the 401(K) Contribution Limits for 2024 in the USA?