2024 Max 401k Contribution Limits Over 50

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2024 Max 401k Contribution Limits Over 50.  — employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from $22,500 in 2023 to $23,000 in 2024. So, those aged 50 or over can contribute a total of $30,500 to their 401 (k) during 2024.


2024 Max 401k Contribution Limits Over 50

 — employees can contribute up to $23,000 to their 401(k) plan for 2024 vs.  — the contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older).

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