It’s not time to break out the champagne.
The tax-deferred amount you will be able to contribute to your 401(k) plan in 2024 is likely to rise by just $500, or 2.2%, according to a forecast from Mercer, a pension consulting company.
The limit on contributions will go from $22,500 to $23,000 next year, the company predicts, and says the same…
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