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401k 2024 Tax Year Limit In India. If you’re 50 or older you can add an extra. The dollar limitation for catch.

Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000. The 401 (k) compensation limit is $345,000.