401k Catch Up 2024 Rules Pdf . The increase applies to other retirement savings. Beginning in 2024, workers will be allowed to contribute up to $23,000 to their 401 (k), an increase of $500 from this year.
The total maximum that can be tucked away in your 401 (k) plan, including employer contributions and allocations of forfeiture, is $76,500 in 2024. For instance, you can contribute up to $23,000 to a 401 (k) by the last business day of 2024.
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