What is the maximum 401k contribution for 2021?

What is the maximum 401k contribution for 2021?

$19,500 Employees can contribute up to $19,500 to their 401(k) plan for 2021 and $20,500 for 2022. Anyone age 50 or over is eligible for an additional catch-up contribution of $6,500 in 2021 and 2022.

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