Catch Up Max Contribution For 2024
The 401 (k) compensation limit. Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase.
Total contributions cannot exceed 100% of an employee’s annual. In 2024, you can contribute up to $4,150 if you have health coverage just for yourself or $8,300 if you have coverage for your family.
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