2024 401k Max Contribution Catch Up . The agency also boosted the contribution maximums for iras and lifted the limit to $7,000 for 2024, up from $6,500 in 2022. If you are 50 or older, you can defer paying income tax on $30,000 in your 401.
401(k) (other than a simple 401(k)). For 2024, the maximum you can contribute from your paycheck to a 401 (k) is $23,000.
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