What Is The 401 K Contribution Limit For 2024 Over 55

What Is The 401 K Contribution Limit For 2024 Over 55. Employees can contribute up to $23,000 to their 401 (k) plan for 2024 vs. In 2024, the 401(k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023.


What Is The 401 K Contribution Limit For 2024 Over 55

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 401 (k) contribution limit for 2024 is $23,000.

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