RobertB4444
Employee Tax Expert

Get your taxes done using TurboTax

No big changes this year.  A lot of tax rules expire in 2025 but nothing major this year.

 

For 2023 the contribution limits for an IRA are $6500 for under 50 and $7500 if you're over - rising to $7000 and $8000 for 2024.

 

The 2023 contribution limit for a 401K is $22500 rising to $23000 in 2024.

 

@ebrooks714 

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