2024 401k Contribution Limits Over 50. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. 401 (k) contribution limits in 2023 and 2024.
If you’re 50 or older, the limit is $8,000. For 2024, the limit for 401 (k) plan contributions is $23,000, up from $22,500 last year, according to the irs.
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