What Is The Limit For 401k Contributions In 2024 Over 50

What Is The Limit For 401k Contributions In 2024 Over 50. The annual employee contribution limit for 401 (k) retirement plans is increasing from $22,500 to $23,000 in 2024. This amount is up modestly from 2023, when the individual.

The annual employee contribution limit for 401 (k) retirement plans is increasing from $22,500 to $23,000 in 2024. Those 50 and older can contribute.