Maximum 401k Contributions 2024 In India . For 2024, employees can defer up to $23,000 into 401(k) plans, up from $22,500 in 2023, with an extra $7,500 for workers age 50 and older. If you make $70,000 a year living in missouri you will be taxed $10,498.
This is an increase from the 2023 limit of $22,500. This amount is up modestly from 2023, when the individual 401 (k) contribution limit.
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