2024 401k Max Contribution Over 50

2024 401k Max Contribution Over 50. In 2023, this rises to $22,500. This means that your total 401(k) contribution limit for 2024 is.


2024 401k Max Contribution Over 50

Savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023, an increase of $500 from 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 Max Contribution Over 50 Images References :