2024 401k Contribution Limits 2024 Over 50 . Contributions to 401 (k)s can be automatically deducted from your paycheck. Employees will be able to sock away more money into their 401 (k)s next year.
Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs. That compares with the $500 boost seen in 2024 over 2023.
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