What Is The 401k Limit For 2024 Over 50. This is an extra $500 over 2023. This means that your total 401(k) contribution limit for 2024 is $30,500.
For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024.
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