401k Contributions 2024 Catch Up Date

401k Contributions 2024 Catch Up Date. In 2022, for people under 50 years old, this limit is. The internal revenue service (irs) raised the annual contribution limits for 2024 to $23,000, which amounts to a cost of living adjustment and is an increase from.


401k Contributions 2024 Catch Up Date

This story was published at an earlier date and has been updated with new information. For 2024, the section 402(g) limit is $23,000 ($30,500, if the employee is eligible to make catch up contributions).

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