Maximum 401 K Contributions 2024 Over 50

Maximum 401 K Contributions 2024 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. What are the 401(k) contribution limits for 2024?


Maximum 401 K Contributions 2024 Over 50

Total 401(k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024. The 401(k) compensation limit is $345,000.

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