401k 2024 Contribution Limit Over 50

401k 2024 Contribution Limit Over 50. 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. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.


401k 2024 Contribution Limit Over 50

If you’re 50 or older, the limit is $8,000. The ira catchโ€‘up contribution limit for individuals aged 50 and older remains at $7,500 for 2024.

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