401k 2024 Limits Catch Up
401k 2024 Limits Catch Up. This dollar amount is the same as in 2023. The internal revenue service (irs) raised the annual contribution limits for 2024 to $23,000, which amounts to a cost of living adjustment and is an increase from $22,500.
Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for federal. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
401k 2024 Limits Catch Up. This dollar amount is the same as in 2023. The internal revenue service (irs) raised the annual contribution limits for 2024 to $23,000, which amounts to a cost of living adjustment and is an increase from $22,500.
Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for federal. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.