2024 401k Catch Up Amount . Those 50 and older can contribute. The 401 (k) 2024 employee contribution limit is $23,000, which is an increase of $500 from the previous year.
The internal revenue service (irs) raised the annual contribution limits for 2024 to $23,000, which amounts to a cost of living adjustment and is an increase from. Every year, by regulation, the irs revises how much you can contribute to your retirement plan that year.
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