Max 401k Contribution 2024 With Catch Up Date

Max 401k Contribution 2024 With Catch Up Date. Let’s say you happened to turn 50 on december 31, 2024. Beginning in 2024, workers will be allowed to contribute up to $23,000 to their 401 (k), an increase of $500 from this year.


Max 401k Contribution 2024 With Catch Up Date

Those 50 and older can contribute an additional. 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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