401k Contribution Limits 2024 Over 50 Years

2024

401k Contribution Limits 2024 Over 50 Years. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500.


401k Contribution Limits 2024 Over 50 Years

This amount is up modestly from 2023, when the individual 401 (k) contribution limit. Contributions to 401 (k)s can be automatically deducted from your.

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