2024 401k Contribution Limits 2024 Over 50

2024 401k Contribution Limits 2024 Over 50. 401(k) contribution limits in 2023 and 2024. Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000.


2024 401k Contribution Limits 2024 Over 50

Of note, the 2024 pretax limit that applies to elective deferrals to irc section 401 (k), 403 (b) and 457 (b) plans increased from $22,500 to $23,000. The dollar limitation for catch.

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