2024 401k Contribution Limits 2024 Over 50. Changes in inflation affect the limits,. 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.


2024 401k Contribution Limits 2024 Over 50

For 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. The 401(k) compensation limit is $345,000.

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