401k Limits For 2024 Over Age 50
401k Limits For 2024 Over Age 50 . The 401(k) contribution limits for 2023 sit at $22,500 for retirement savers under 50 and $30,000 for those 50 and over. The 401 (k) contribution limit for 2024 is $23,000.
The maximum catch up contribution you can make is $7,500. For those with a 401 (k), 403 (b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.
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