Maximum 401k Contribution 2024 Over 50

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Maximum 401k Contribution 2024 Over 50. The 401(k) contribution limit for 2024 is $23,000. In 2024, employees under the age of 50 can contribute up to $23,000, and $30,500 if you’re age 50 or older.


Maximum 401k Contribution 2024 Over 50

Employees 50 or older can contribute up to. The total contribution limit for both employee and employer contributions to 401(k) defined contribution plans under section 415(c)(1)(a) increased from $66,000 to $69,000.

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