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2024 401k Contribution Limits Over 55
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2024 401k Contribution Limits Over 55. Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs. The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023.
You can contribute to more than one. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.
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