401k Contribution Limits 2024 Catch Up Over 55

401k Contribution Limits 2024 Catch Up Over 55. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year. Changes in inflation affect the limits,.


401k Contribution Limits 2024 Catch Up Over 55

The irs this week announced it was raising the 401 (k) contribution limit to $23,000, up from $22,500 currently. For 2024, the maximum you can contribute from your paycheck to a 401 (k) is $23,000.

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