2024 401k Maximum Contribution Limits Over 50

2024 401k Maximum Contribution Limits Over 50. The 2024 contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023. 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.


2024 401k Maximum Contribution Limits Over 50

Employees age 50 or older may contribute up to an additional $7,500 for a total of $30,500. 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.

2024 401k Maximum Contribution Limits Over 50 Images References :