2024 401k Contribution Limit Catch Up In India

2024 401k Contribution Limit Catch Up In India. Although the official announcement hasn't been made yet, many analysts predict that the 2024 401 (k) contribution limit will jump $500 to $23,000, from the $22,500 limit in. Going over the 401(k) contribution.

The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older). The ira catch‑up contribution limit for individuals aged 50 and older remains at $7,500 for 2024.