Recommended

#BTCCOGWEEK: Celebrate the Classics of Meme Coins
Crypto Deposit Make instant crypto transfers to your futures account
USDT-M Perpetual Futures Trade futures contracts settled in USDT
VIP Fee Discounts Enjoy different fee discounts based on your VIP level
Coin-M Perpetual Futures Trade futures contracts settled in cryptocurrency
Fiat Deposit Buy your favourite coins in seconds
Affiliates Invite friends & get rewarded
Convert Covert your crypto instantly
Support Centre Find our FAQs here
Announcements Find all our official announcements
BTCC Academy Learn about blockchain and crypto
News The latest trends in the crypto market

Promotions

Referral
Campaigns
Assets
Crypto Deposit
Fiat Deposit
Convert
Transfer
Withdraw
My vouchers
Fund history
Dashboard
Account Security
Identity verification
API Management
Transaction Report
Log out
Register
Report post
2023 401k maximums pepe unchain Bnb Eth XRP aave Bitcoin Bonk

How can I maximize my 401(k) contribution in 2023?

Altogether, the most that can be contributed to your 401 (k) plan between you and your employer is $66,000 in 2023. Additionally, business owners aged 50 or older can make the $7,500 catch-up contribution. The cash balance plan is my favorite tax-planning tool for high-income business owners.

What is the 401k contribution limit for taxpayers younger than 50 in 2023?

Taxpayers are getting a larger tax break in 2023 for their 401 (k) contributions. Contribution limits for those who will be younger than 50 at the end of 2023 will be $22,500, up by $2,000 from the 2022 limit. Image source: Getty Images.

What is the limit for employee elective deferrals to a SIMPLE 401(k) plan in 2023?

The limit on employee elective deferrals to a SIMPLE 401 (k) plan is: $15,500 in 2023 ($14,000 in 2022, $13,500 in 2021 and 2020; and $13,000 in 2019) This amount may be increased in future years for cost-of-living PDF adjustments

Related articles

The World's Leading Crypto Trading Platform

Get my welcome gifts

Exchange for a better future

Products
Services
Guides
About Us
Terms & Agreement
Customer Service
Social Media

Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

The world’s longest-running cryptocurrency exchange since 2011 © 2011 - 2025 BTCC.com. All rights reserved