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2024 Max 401k Contribution Limits Catch Up Plan. Specifically, individuals who are at least 50 years old and earning. The increase applies to other retirement savings.
401(k) employee contribution limits increase in 2024 to $23,000 from $22,500 in 2023. 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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