Loree Ranique

What Is 401k Contribution Limit For 2024 Married Filing Jointly. Married couples filing jointly must decide how much they will contribute to their respective retirement accounts to avoid exceeding the irs contribution limit. Individuals may contribute the full amount if they're married filing jointly, and their modified adjusted gross income (magi) is less than $218,000 (rising to $230,000 for 2024).

Total 401 (k) contribution eligibility: This means that your total 401(k) contribution limit for 2024 is.