2024 401k Contribution Limit Age 50

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2024 401k Contribution Limit Age 50. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401(k), 403(b) and 457(b) plans increased from $22,500 to $23,000. The contribution limits for individual.


2024 401k Contribution Limit Age 50

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

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