401k Catch Up 2024 Limits Over 50 . Adults 50 and older may add an extra $7,500 to this limit in both 2023 and 2024, bringing their total contribution limit for the plan year to $30,000 (2023) or $30,500. This means that your total 401(k) contribution limit for 2024 is.
This means that your total 401(k) contribution limit for 2024 is. If you’re 50 or older, the limit is $8,000.
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401K Contribution Limits 2024 All you need to Know about 401K , Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs.
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