‘The 401(k) industry owns Congress’: How lawmakers quietly passed a $300 billion windfall to the wealthy
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https://www.politico.com/news/2024/04/13/how-your-401k-ate-the-federal-budget-00150319
https://www.politico.com/news/2024/04/13/how-your-401k-ate-the-federal-budget-00150319
23k is the max annual contribution
If you're over 50, you can put $30,500 in your 401k, the extra $7500 per year is called a 'catch-up contribution'