Catch Up 401k Contribution 2024

Catch Up 401k Contribution 2024. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. Workers ages 50 and older have a higher annual 401 (k) contribution limit than their younger peers.


Catch Up 401k Contribution 2024

Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. The limit for overall contributions—including the employer match—is 100% of your compensation or $69,000,.

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