Irs Maximum 401k Contribution 2024 Over 50

Irs Maximum 401k Contribution 2024 Over 50. But if you're age 50 or older, you can tack on an. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.

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