What Is Max 401k Contribution 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. Those 50 and older will be able to.


What Is Max 401k Contribution 2024 Over 50

If you participate in a 401 (k) retirement savings plan at work, your personal contribution limit in 2024 is $23,000. The limit on employer and employee contributions is $69,000.

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