401k Limit 2024 Catch Up Date India

401k Limit 2024 Catch Up Date India. If you are 50 or older, you can defer paying income tax on $30,000 in your 401. Those 50 and older can contribute an additional $7,500.

401(k) (other than a simple 401(k)). Although the official announcement hasn’t been made yet, many analysts predict that the 2024 401 (k) contribution limit will jump $500 to $23,000, from the.