2024 401k Contribution Limit Catch Up. In 2024, the 401(k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023. Therefore, if you are over 50, your total 401k contribution limit for 2024 is $23,000 + $7,500.
Starting in 2025, the secure 2.0 act. The 401(k) contribution limit is increasing in 2025.
2024 401k Contribution Limit Catch Up. In 2024, the 401(k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023. Therefore, if you are over 50, your total 401k contribution limit for 2024 is $23,000 + $7,500. Starting in 2025, the secure 2.0 act. The 401(k) contribution limit is increasing in 2025.…
