401k Limits 2024 Catch Up In India

401k Limits 2024 Catch Up In India. Congress passed the secure act 2.0 in december 2022, and the law aimed to help more people save for. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.

Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.