Catch Up Amount For 401k 2024

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.


Catch Up Amount For 401k 2024

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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