2024 Maximum 401k Contribution Over Age 50. 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 contribution limits for individual retirement accounts (iras).


2024 Maximum 401k Contribution Over Age 50

This means that your total 401(k) contribution limit for 2024 is. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.

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2024 Maximum 401k Contribution Over Age 50