Contribution Limit 401k 2024 Over 55
Contribution Limit 401k 2024 Over 55 . Savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023, an increase of $500 from 2023. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023).
Those 50 and older will be able to. The annual employee contribution limit for 401(k) retirement plans is increasing from $22,500 to $23,000 in 2024.
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