401 K Limits 2024 Catch Up. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000. So for many savers aged 50 and over, the maximum 401(k) contribution in the new year.
That’s the standard contribution limit for employees under. Workers ages 50 and older have a higher annual 401 (k) contribution limit than their younger peers.
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