401k Limits 2024 Over 50 Catch Up. The 2022 contribution limit for a simple ira or 401 (k), which are retirement plans designed for small businesses with 100 or fewer employees, is $14,000 ($15,500 for. That means a total of $30,500 can be contributed.
For 2024, the maximum you can contribute from your paycheck to a 401 (k) is $23,000. For anyone 50 or older, you will be allowed to put away.
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