2024 401k Limits Catch Up Over 50

2024 401k Limits Catch Up Over 50. The annual employee contribution limit for 401 (k) retirement plans is increasing from $22,500 to $23,000 in 2024. This amount is an increase of.


2024 401k Limits Catch Up Over 50

Contribution limits for 401 (k), 403 (b), and most 457 plans, as well as the federal government’s thrift savings plan will also increase by $500 for 2024. The contribution limit for a designated roth 401 (k) increased $500 to $23,000 for 2024.

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