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Max 401k Contribution 2024 Over 55

Max 401k Contribution 2024 Over 55. 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 ira catch‑up contribution limit for individuals aged 50 and older remains.


Max 401k Contribution 2024 Over 55

If you’re age 50 or older,. For 2024, the 401 (k) annual contribution limit is $23,000, up from $22,500 in 2023.

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