2024 Contribution Limits 401k Over 50

2024 Contribution Limits 401k Over 50. Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs. 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.


2024 Contribution Limits 401k 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. This increases your total contribution limit to $30,500.

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