Irs 401k Limit 2024 Catch Up . This additional contribution increases to $7,500 in 2023. But it's possible that there could be a higher ira contribution limit for 2025.
If you are 50 or older, you can make an additional 401 (k) contribution of $6,500 a year. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
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