401k Contribution Limit 2024 Catch Up 2024 . Specifically, individuals who are at least 50 years old and earning more. Those 50 and older can contribute an additional $7,500.
The agency also boosted the contribution maximums for iras and lifted the limit to $7,000 for 2024, up from $6,500 in 2022. For 2024, the maximum you can contribute from your paycheck to a 401 (k) is $23,000.
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