401 K Max 2024 Catch Up . 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. The limit on employer and employee contributions is $69,000.
With the average 401(k) and ira balance up 1 percent to. — record number of 401(k) accounts hit $1 million or more in q2 2024, with average balances up 13% from a year ago.
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