401k Limits 2024 50 Year Rule. Starting in 2024, employees can contribute up to $23,000 into their 401 (k), 403 (b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. The 401(k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.


401k Limits 2024 50 Year Rule

With jessica cheung and carlos prieto. Contribution maximums will increase from $22,500 to $23,000 for 401 (k), 403 (b) and most 457 plans, as well as the federal government’s thrift savings plan, the irs.

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