Catch Up 401k Contribution 2024 . If you are 50 or older, you can defer paying income tax on $30,000 in your 401. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.
In 2024, you’re able to contribute an additional $7,500 to a 401 (k) each. In 2024, for example, if you’re enrolled in a workplace.
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