Will 401k Limits Increase In 2024

Will 401k Limits Increase In 2024. Adults 50 and older can contribute an additional. Personal contribution limits for 401(k) plans increased in 2024 to $23,000—up $500 from $22,500 in 2023—for people.


Will 401k Limits Increase In 2024

The 2024 401(k) contribution limit is $500 higher than this year’s $22,500 max, which reflected a major increase from the 2022. Personal contribution limits for 401(k) plans increased in 2024 to $23,000—up $500 from $22,500 in 2023—for people.

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