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Max 401k Catch Up Contribution For 2024 In India. This means you will not get the tax benefit. The 2024 401(k) individual contribution limit is $23,000, up from $22,500 in 2023.

Workers who contribute to a 401 (k), 403 (b), most 457 plans and the federal government’s thrift savings plan can contribute up. Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs.