401k 2024 Tax Year Limit Canada

401k 2024 Tax Year Limit Canada. The amount an individual will receive is based on their. That is $500 more than you were.


401k 2024 Tax Year Limit Canada

For 2024, the employee contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023. The equivalent to a 401 (k) in canada is the registered retirement savings plan (rrsp), and just like a 401 (k), it allows canadians to save for.

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