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2024 401k Max Over 50

2024 401k Max Over 50. The contribution limits for individual retirement accounts (iras). You can contribute to more than one 401 (k) plan.


2024 401k Max Over 50

Savers will be able to contribute as much as $23,000 in 2024 to a 401 (k), up from $22,500 in 2023, an increase of $500 from 2023. For the year 2024, the contribution limit for 401 (k) plans is $23,000 for individuals under age 50 and $30,500 for those 50 and older.

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