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401 K Plan Contribution Limits 2024 Catch Up
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401 K Plan Contribution Limits 2024 Catch Up. The total maximum allowable contribution to a defined contribution plan (including both employee and employer contributions) is expected to rise by $2,000. Employees age 50 or older may contribute up to an additional $7,500.
The limit for overall contributions—including the employer match—is 100%. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing.
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