Irs 401k Limits 2024 Employer Match. It works by the employer matching a percentage of the. Those 50 and older can contribute an additional $7,500.
The 2024 contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024.
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