What Is 401k Contribution Limit For 2024 Over 55

What Is 401k Contribution Limit For 2024 Over 55. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. The annual employee contribution limit for 401 (k) retirement plans is increasing from $22,500 to $23,000 in 2024.


What Is 401k Contribution Limit For 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 401(k) contribution limit is $23,000.

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