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401k Contribution Limits 2024 Age 50
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401k Contribution Limits 2024 Age 50. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions. This amount is an increase of $500 from the 2023 401 (k).
For 2024, the 401 (k) limit for employee salary deferrals is $23,000, which is above the 2023 401 (k) limit of $22,500. Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs.
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