401k Plan Limit 2024 Age 50 Or More

Ginnie Elisabetta2024 401k Plan Limit 2024 Age 50 Or More
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401k Plan Limit 2024 Age 50 Or More. Employees 50 or older can contribute up to $30,500 with catch. The 2024 limit on 401(k) contributions is $23,000, or $30,500 for people 50 and older.


401k Plan Limit 2024 Age 50 Or More

To make planning and taxes a little easier, here are the contribution limits for 2024 and prior years. Employees can contribute up to $23,000 to their 401(k) plan for 2024, a $500 increase from 2023.

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