401k Limit For 2024 With Catch Up Rate
401k Limit For 2024 With Catch Up Rate. The internal revenue service (irs) raised the annual contribution limits for 2024 to $23,000, which amounts to a cost of living adjustment and is an increase from. Starting in 2025, if you’re 60 to 63, you will get a higher contribution limit than people in.
Those 50 and older can contribute an additional. The 401(k) contribution limit for 2024 is $23,000.