Max 401k Catch Up Contribution 2024 . Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. Those 50 and older can contribute an additional $7,500.
For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. This ensures that the limits remain meaningful as the.
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