401k Contribution Limits Guide (2023)
If you participate in a 401(k) retirement savings plan at work, your personal contribution limit in 2024 is $23,000. But if you are age 50 or older, you can take advantage of an additional catch-up contribution of $7,500 for a total of $30,500. These limits also apply to 403(b), most 457 retirement plans, and the