2024 Irs 401 K Contribution Limits Over 50

2024 Irs 401 K Contribution Limits Over 50. The limit on employer and employee contributions is $69,000. You can contribute to more than one 401(k) plan.


2024 Irs 401 K Contribution Limits Over 50

Workplace retirement plan contribution limits for 2024 for those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit. Workers who contribute to a 401(k), 403(b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase.

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