401k Contributions 2024 . That limit also applies to 457, 403 (b) and the federal. For 2024, employees can defer up to $23,000 into 401 (k) plans, up from $22,500 in 2023, with an extra $7,500 for workers age 50 and older.
Employees 50 or older can contribute up to $30,500 with catch. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.
401k Contributions 2024 Images References :
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