What Is The 401 K Contribution Limit For 2024 Over 50

What Is The 401 K Contribution Limit For 2024 Over 50. Use our calculator to estimate your future balance. The 401(k) contribution limit is $23,000 in 2024.

Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs announced nov. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.