2024 401 Contribution Max . 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.
— the 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. Employees 50 or older can contribute up to $30,500 with catch.
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