Catch Up Amount For 401k 2024 . Every year, by regulation, the irs revises how much you can contribute to your retirement plan that year. People younger than 50 may contribute up to $22,500 in 2023 and $23,000 in 2024 to.
The 401(k) contribution limit for 2023 is $22,500 for employee contributions and $66,000 for combined employee and employer contributions. The 401 (k) compensation limit is $345,000.
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