2024 Max 401k Contribution Catch Up Over 50
2024 Max 401k Contribution Catch Up Over 50. The internal revenue service (irs) maximum contribution limits to your peach state reserves (psr) 401(k) and 457 plans for 2024 will increase for 2025. In 2024, the maximum 401(k) contribution limit is $23,000 for people under the age of 50.
Employees can contribute up to $23,500 to their 401 (k) plan for 2025 vs. The internal revenue service (irs) maximum contribution limits to your peach state reserves (psr) 401(k) and 457 plans for 2024 will increase for 2025.