2024 Max 401k Contribution Limits Over 50
401k 2024 tax year limit over 50 gabbi kailey, those 50 and older will be able to add. The irs limits how much employees and employers can contribute to a 401 (k) each year.
So, for those individuals, the total 401 (k) contribution cap. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.
