2024 401k Catch Up Limit

2024 401k Catch Up Limit. The limit for overall contributions—including the employer match—is 100% of your compensation or $69,000,. The contribution limits for individual retirement accounts (iras) also increases from $6,500 to $7,000.


2024 401k Catch Up Limit

— the elective deferral (contribution) limit for employees under 50 who participate in a 401 (k) plan is $23,000 in 2024. If you are 50 or older, you can defer paying income tax on $30,000 in your 401.

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