2024 Limits On 401k Contributions For Age 50. For the year 2024, the contribution limit for 401(k) plans is $23,000 for individuals under age 50 and $30,500 for those 50 and older. 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.
In 2024, people under age 50 can contribute. 401k contribution limits for 2024 are $23,000 per person, up from 22,500 in 2023.
2024 Limits On 401k Contributions For Age 50 Images References :
