2024 401k Contribution Limit Catch Up Date. Individuals aged 50 and older can contribute an additional $7,500 to their traditional 401(k) accounts, bringing their total contribution limit to $30,500 For a 401(k) plan, the relevant statutory contribution limits are set forth in irc section 401(a)(30), which limits the amount of elective deferrals to the dollar amount in irc.


2024 401k Contribution Limit Catch Up Date

The limit on employer and employee contributions is $69,000. More people will be able to make contributions to roth ira accounts, too.

2024 401k Contribution Limit Catch Up Date Images References :