410k max 2024 | BTCC Knowledge

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What is the 2024 401(k) contribution limit?

The 2024 contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023. Those 50 and older can contribute an additional $7,500. Use our calculator to estimate your future balance.

What is the 401(k) catch-up contribution limit for 2024?

The catch-up contribution limit for employees aged 50 and over who participate in 401 (k), 403 (b), and most 457 plans, as well as the federal government's Thrift Savings Plan remains $7,500 for 2024.

What is the IRA contribution limit in 2024?

The annual contribution limit for an IRA in 2024 is $7,000 for those under 50, or $8,000 if you’re 50 or older. You can make contributions to a 2024 IRA for the current year until the tax filing deadline in 2025. » Ready to get started?

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