2024 Irs 401 K Contribution Limits Catch Up

2024 Irs 401 K Contribution Limits Catch Up

2024 Irs 401 K Contribution Limits Catch Up. Individuals aged 50 and older can contribute an additional $7,500 to their traditional 401(k) accounts, bringing their total contribution limit to $30,500 For 2024, the limit is $23,000 for individuals under 50, with an additional catch.


2024 Irs 401 K Contribution Limits Catch Up

In 2024, the irs allows you to contribute up to $23,000 to your 401(k) plan, up from $22,500 in 2023. The irs sets annual contribution

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