2024 Max 401k Contribution Catch Up Date India . The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you're 50 or older). If you are age 50 or over in 2023 or 2024, you can contribute up to an additional $7,500.
For 2024, the maximum you can contribute from your paycheck to a 401 (k) is $23,000. Workers ages 50 and older have a higher annual 401 (k) contribution limit than their younger peers.
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