2024 401k Catch Up

2024 401k Catch Up. If you’re age 50 or older, you get to benefit from higher contribution limits to help your retirement accounts catch up. 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.


2024 401k Catch Up

The limit on employer and employee contributions is $69,000. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.

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