Irs 401k Catch Up Contribution Limits 2024

Irs 401k Catch Up Contribution Limits 2024. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. Employees 50 or older can contribute up to $30,500 with.


Irs 401k Catch Up Contribution Limits 2024

This amount is an increase of $500 from the 2023 401 (k). 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.

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