401k Contribution 2024 Catch Up Over 55 . Those 50 and older can contribute an additional $7,500. Use our calculator to estimate your future balance.
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 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
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