401k Max Contribution 2024 Over 50

401k Max Contribution 2024 Over 50. The overall 401 (k) limits for employee and employer. The contribution limits for individual retirement accounts (iras).


401k Max Contribution 2024 Over 50

For 2024, the limit for 401 (k) plan contributions is $23,000, up from $22,500 last year, according to the irs. Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000.

401k Max Contribution 2024 Over 50 Images References :