401 K Catch Up 2024

401 K Catch Up 2024. The contribution limits for individual retirement accounts (iras). 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.


401 K Catch Up 2024

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. The limit for overall contributions—including the employer match—is 100%.

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