2024 Max 401k Contribution 50 Year Olds 2024. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000. The total employee contribution limit to all 401 (k) and 403 (b) plans for those under 50 will be going up from $23,000 in 2024 to $23,500 in 2025.
The contribution limits for individual retirement accounts (iras) also increases from $6,500 to $7,000. This amount is up modestly from 2023, when the individual 401(k) contribution limit was.
2024 Max 401k Contribution 50 Year Olds 2024 Images References :
