Max 401k Contribution 2024 And Catch Up

Max 401k Contribution 2024 And Catch Up. If you’re age 50 or older, you get to benefit from higher contribution limits to help your retirement accounts catch up. Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year.

This means that your total 401(k) contribution limit for 2024 is $30,500. 1 you can choose to contribute up to 100% of your.