401k Limits For 2024 Over Age 50 . The 401(k) contribution limit is $23,000. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer.
In 2024, if you are younger than 50, you can deposit up to $23,000 in a 401(k) account. Review the irs limits for 2024.
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2024 Irs 401k Limits For Over 50 Grier Renata , You’re allowed to make what are called “catch up contributions” to your 401(k), 403(b), and 457 plans, which are extra amounts.