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401k 2024 Limits Catch Up 2022

401k 2024 Limits Catch Up 2022. The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits for ira. Starting in 2025, if you’re 60 to 63, you will get a higher contribution limit than people in their 50s.


401k 2024 Limits Catch Up 2022

401(k), 403(b) and 457 elective deferral limit. Simple retirement plan contribution limits increased to $16,000 in 2024 (up from $15,500 in 2023).

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