2024 401k Limits Catch Up After Tax

2024 401k Limits Catch Up After Tax. Contribution limits for a roth 401(k) are the same as for a traditional 401(k). As of 2024, if you're at least 50,.


2024 401k Limits Catch Up After Tax

If you’re turning 50 or older and exceed the irs elective deferral (or annual additions) limit, then your contributions will automatically start counting toward the irs catch. Beginning in 2024, the secure act 2.0 will index ira catchup contribution limits for inflation, making it likely that higher catchup contributions will be permitted.

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