2024 401k Catch Up Amount . The agency also boosted the contribution maximums for iras and lifted the limit to $7,000 for 2024, up from $6,500 in 2022. Learn how to make additional contributions to your 401 (k) starting at age 50, and how they can save you tax and boost your retirement savings.
In 2024, for example, if youโre enrolled in a workplace. The 401 (k) compensation limit is $345,000.
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