401k Catch Up Contribution Limit 2024 Over 50
401k Catch Up Contribution Limit 2024 Over 50 . In 2023, this rises to $22,500. This increases your total contribution limit to $30,500.
These higher contribution limits make it easier to reach. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000.
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