2024 401k Maximum Contribution Limits Over 50

2024 401k Maximum Contribution Limits Over 50. This amount is up modestly from 2023, when the individual. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000.


2024 401k Maximum Contribution Limits Over 50

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 announced nov. The 2024 contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023.

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