2024

2024 Max 401k Contribution 50 Year Olds Over 60

2024 Max 401k Contribution 50 Year Olds Over 60. The basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023). The 401(k) contribution limit is $23,000.


2024 Max 401k Contribution 50 Year Olds Over 60

The limit on employer and employee contributions is. You’re allowed to make what are called “ catch up contributions ” to your 401(k), 403(b), and 457 plans, which are extra amounts on top of the normal.

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