2024 401k Contribution Limit Over 55
2024 401k Contribution Limit Over 55 . Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from $22,500 in 2023 to $23,000 in 2024. 401 (k) contribution limits for 2024.
The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. The contribution limit for 401(k)s, 403(b)s, most 457 plans and the federal government’s thrift savings plan is $23,000 for 2024, up from $22,500 in 2023.
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