401k Contributions 2024 Limits
401k Contributions 2024 Limits . Those 50 and older can contribute an additional $7,500. The annual elective deferral limit for 401 (k) plan employee contributions is increased to $23,000 in 2024.
Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up. Those 50 and older can contribute an additional $7,500.
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