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2024 401 K Contribution Limit Over 50

2024 401 K Contribution Limit Over 50. This limit includes all elective employee salary deferrals and any contributions made to a designated roth account. But if you are age 50 or older, you can take.


2024 401 K Contribution Limit Over 50

This limit includes all elective employee salary deferrals and any contributions made to a designated roth account. Savers will be able to contribute as much as $23,000 in 2024 to a 401 (k), up from $22,500 in 2023, an increase of $500 from 2023.

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