401k Contribution Limits 2024 Over 60
401k Contribution Limits 2024 Over 60. The total maximum allowable contribution to a defined contribution plan (including both employee and employer contributions) is expected to rise by $2,000. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024.
What are the 401(k) contribution limits for 2024? The contribution limits for individual.