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401 K Limits 2024 Over 50

401 K Limits 2024 Over 50. People 50 and over are allowed to deposit an additional catch. Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000.


401 K Limits 2024 Over 50

Participants who are 50+ can save an additional $7,500 in 2024 in. Next year, the limit for savers under 50 is rising to $23,000.

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