2024 401k Contribution Limit Over 50

2024 401k Contribution Limit Over 50. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โ€™s $22,500 to $23,000 for 2024. The 401(k) contribution limit for individuals has been increased to $23,000 for 2024.


2024 401k Contribution Limit Over 50

For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. The ira catchโ€‘up contribution limit for individuals aged 50.

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