401k Limit For 2024
401k Limit For 2024 . For 2024, the 401(k) annual contribution limit is $23,000, up from $22,500 in 2023. — let’s take a look.
For those 50 or older, the limit is $30,500. 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.
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