401k Limits For 2024 Over Age 50 . For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. Here's how the 401(k) plan limits will change in 2024:
This is an extra $500 over 2023. In 2024, the 401 (k) contribution limit for participants is increasing to.
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