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re: IRS raised contributions limits for 2024

Posted on 11/1/23 at 9:25 pm to
Posted by Virgo
Member since Aug 2017
159 posts
Posted on 11/1/23 at 9:25 pm to
Maybe a dumb question, but is the IRS limit per couple (married filing jointly) or per individual if we each have a 401k through work?
Posted by Twenty 49
Shreveport
Member since Jun 2014
19155 posts
Posted on 11/1/23 at 10:19 pm to
quote:

is the IRS limit per couple (married filing jointly) or per individual if we each have a 401k through work?


Per individual. We each max out the limits and file married/jointly.
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