401k 2024 Contribution Limit Catch Up Date. For 2024, the 401 (k) annual contribution limit is $23,000, up from $22,500 in 2023. The 401 (k) compensation limit is $345,000.
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 $22,500 in. Letโs say you happened to turn 50 on.
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