401k Limit 2024 50 Percent Increase

401k Limit 2024 50 Percent Increase. Savers 50 and older may contribute an additional $7,500, unchanged from 2024. The cap on extra “catch up” contributions that.


401k Limit 2024 50 Percent Increase

For 2024, the maximum 401(k) contribution limit is $23,000 for individuals under the age of 50. Starting in 2025, the 401 (k) employee deferral limit will jump to $23,500, up from $23,000 in 2024.

401k Limit 2024 50 Percent Increase Images References :