401k Contribution Limits 2024 Over 50 Married

401k Contribution Limits 2024 Over 50 Married. In 2024, the maximum 401(k) contribution limit is $23,000 for people under the age of 50. While those are the absolute maximums that can be contributed.


401k Contribution Limits 2024 Over 50 Married

Key takeaways the irs sets the maximum that you and your employer can contribute to your 401(k) each year. For the 2024 tax year, the ira contribution cap for people under age 50 is $7,000.

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