What Is The Max 401k Contribution For 2024 In India

What Is The Max 401k Contribution For 2024 In India.  — the 401 (k) contribution limit is the maximum amount an individual can contribute to their 401 (k) retirement account in a calendar year without facing tax penalties. Many nris who return to india wonder “can we withdraw 401k from india?”.

 — the 401 (k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. Together, you and your employer can contribute a total of $69,000 in 2024, a $3,000 increase from 2023.