Retirement
401(k) Contribution Limits 2024: Maximize Your Retirement Savings
The 2024 401(k) contribution limit is $23,000. Learn how maximizing contributions reduces your tax bill and builds wealth.
10 January 20256 min read🇺🇸United States
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For 2024, you can contribute up to $23,000 to a 401(k), plus a $7,500 catch-up if you are 50 or older. Traditional 401(k) contributions are pre-tax, reducing your current taxable income. Roth 401(k) contributions are after-tax but grow tax-free.
Disclaimer: This article is for informational purposes only and does not constitute financial, tax, or legal advice. Tax laws change frequently — consult a qualified tax professional or official government resources for advice specific to your situation.
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