What Is Max 401k Contribution 2024 Over 50

What Is Max 401k Contribution 2024 Over 50. The 401(k) contribution limit is $23,000. For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.

401k max contribution 2024 over 50. The ira catch‑up contribution limit for individuals aged 50 and older remains at $7,500 for 2024.