2024 401k Contribution Limit Over 55

2024 401k Contribution Limit Over 55

2024 401k Contribution Limit Over 55. Employees age 50 or older may contribute up to an additional $7,500 for a total of $30,500.  — the 401 (k) contribution limit is the maximum amount an individual can contribute to their 401 (k) retirement account in a calendar year without facing tax.


2024 401k Contribution Limit Over 55

 — the 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.  — the basic employee contribution limit for 2024 is $23,000 ($22,500 for 2023).

2024 401k Contribution Limit Over 55 Images References :