401k Contribution Limits 2024 50 And Older

401k Contribution Limits 2024 50 And Older. If you’re 50 or older, you can stash an additional $7,500 in your 401 (k). The total maximum allowable contribution to a defined contribution plan (including both employee and employer contributions) is expected to rise by $2,000.


401k Contribution Limits 2024 50 And Older

The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. Changes in inflation affect the limits,.

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