2024 401k Contributions Over 50
401 (k) contribution limits in 2023 and 2024. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.
The annual maximum for 2024 is $23,000. Matching contributions are a big, expensive feature of the 401 (k) system.
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