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2024 401k Limits Contribution Over 50
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2024 401k Limits Contribution Over 50. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024. Workers who contribute to a 401(k), 403(b), most 457 plans, and the federal.
The 401 (k) contribution limit for 2024 is $23,000. In 2024, the contribution limit for a roth 401 (k) is $23,000, plus an additional contribution of $7,500 if you are age 50 or older.
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