401k Contribution Limits 2024 Over 50. That means a total of $30,500 can be contributed as an employee of. The 401 (k) contribution limit for 2024 is $23,000.


401k Contribution Limits 2024 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. In 2024, the 401 (k) contribution limit for participants is increasing to $23,000, up from $22,500 in 2023.

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