401k Contribution Limits 2024 Catch Up Total In India . The contribution limits for individual retirement accounts (iras). In 2022, the limit was $20,500, increasing to $22,500 in 2023.
Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024. You’re allowed to make what are called “catch up contributions” to your 401(k), 403(b), and 457 plans, which are extra amounts on top of the normal contribution.
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