401k Contribution Limits 2024 Catch Up Total Return

401k Contribution Limits 2024 Catch Up Total Return. The maximum 401 (k) contribution limits are set by the irs. For tax year 2024, savers can defer paying income tax on an ira contribution up to $7,000 for those under 50, and $8,000 for those age 50 and older.


401k Contribution Limits 2024 Catch Up Total Return

In 2025, the total contribution limit is projected to be $71,000. Those limits reflect an increase of $500.

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