2024

401k Contribution Limit 2024 Catch Up Over 55

401k Contribution Limit 2024 Catch Up Over 55. In 2023 and 2024, this limit is $7,500. Employees can contribute up to $23,000 to their 401 (k) plan for 2024 vs.


401k Contribution Limit 2024 Catch Up Over 55

Beginning in 2024, the secure act 2.0 will index ira catchup contribution limits for inflation, making it likely that higher catchup contributions will be permitted. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.

401k Contribution Limit 2024 Catch Up Over 55 Images References :