2024 Dates and Numbers
A new year is bittersweet, isn't it? A fresh start is exhilarating, but looming expectations to reinvent yourself every year can feel debilitating. At Human Investing, we want you to feel informed at the start of the year, not overwhelmed. So, here is some helpful information to tackle your financial goals with ease in 2024. As always, we are here with you every step of the way. Click here to schedule an appointment with your dedicated advisor.
2024 Contribution Limits
The IRS has increased the contribution limits for the upcoming year. As you can see below, there are many notable changes that will allow investors to save more money. One important update for 2024 is that 401(k) elective deferrals increased from $22,500 to $23,000. See below for the applicable updates for the coming year:
As you plan for this year's contributions, consider:
2024 Important Dates
Like we said, we know information overload at the beginning of the year is real. That's why we created a downloadable timeline with everything you need to know in 2024:
Please reach out to us with any questions you may have. You can contact your advisor directly or call (503) 905-3108 to schedule an appointment.
