401k 2024 Contribution Limit Chart Over 50

401k 2024 Contribution Limit Chart Over 50. The contribution limits for individual retirement accounts (iras) also increases from $6,500 to $7,000. For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.


401k 2024 Contribution Limit Chart Over 50

The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023). The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.

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