401k Limit For 2024 With Catch Up Contributions 2024
401k Limit For 2024 With Catch Up Contributions 2024. Specifically, individuals who are at least 50 years old and earning. In 2023, this rises to $22,500.
Those 50 and older can contribute an additional $7,500. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.