401k 2024 Limits Increase In India

401k 2024 Limits Increase In India. There were nice increases to roth ira income eligibility limits. This means that you cannot contribute more than $18,500 of your salary each year to a single retirement plan.

Investors can now contribute up to $7,000 in 2024 instead of $6,500 in 2023. Contributions to 401 (k)s can be automatically deducted from your paycheck.