Maximum Contribution To 401k 2024 Over 50. This amount is up modestly from 2023, when the individual 401 (k) contribution limit. Those 50 and older can contribute an additional.


Maximum Contribution To 401k 2024 Over 50

Savers will be able to contribute as much as $23,000 in 2024 to a 401 (k), up from $22,500 in 2023, an increase of $500 from 2023. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.

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Maximum Contribution To 401k 2024 Over 50